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Singtel said to be planning US$2b Intouch, Bharti stake purchases

Thursday, August 18, 2016 - 05:50

Singapore

SINGAPORE Telecommunications (Singtel), Singapore's biggest phone company, plans to spend about US$2 billion to invest in Thailand's Intouch Holdings Pcl and raise its stake in India's Bharti Telecom Ltd, according to people with knowledge of the matter.

The planned