The Business Times

Bharti Airtel

Companies & Markets
BROKERS’ TAKE

Analysts positive on Singtel unit’s S$1.5 billion Bharti Airtel sale

Separately, Singtel and KKR are in talks to acquire all of ST Telemedia Global Data Centres they do not already own for more than S$6.4 billion

Singtel cautioned investors against trading based solely on media reports before it officially announces any such deals.
Companies & Markets
HOT STOCK

Singtel shares end 2.9% higher on Bharti Airtel share sale, talks for data centre deal

The stock hit a new intraday high of S$4.73, surging 5.1%

Airtel’s India user base rose 10.6% year on year to about 450 million as of Sep 30.
Telcos, Media & Tech

India’s Bharti Airtel posts surge in quarterly profit as higher-paying users grow

The mobile carrier’s consolidated net profit jumps 89% to 67.92 billion rupees

As part of the plan, Airtel has partnered with Singtel, Globe Telecom and Airtel Africa to deploy the platform, enabling applications such as AI-driven workforce optimisation, omni-channel customer service and real-time customer engagement.
Telcos, Media & Tech

Singtel associate Bharti Airtel launches cloud, AI services for businesses, telcos

Airtel Cloud offers a range of services including, infrastructure- and platform-as-a-service with secure migration and scaling

Singtel sold a 1.2% stake in its regional associate Bharti Airtel in May, bringing its effective interest in the company from 29.5% to 28.3%.
Companies & Markets

Singtel associate Airtel’s data centre firm inks renewable-energy partnership to boost capacity

The tie-up promises to boost the data centre company’s infrastructural efficiency, decarbonisation efforts and operations

Other individuals leaving the UK for the Middle East include Egypt’s richest person, Nassef Sawiris, who is relocating to Abu Dhabi as well as Italy.
International

Heir to US$27 billion Bharti fortune joins Britain’s wealth exodus

The move shows how some of the world’s richest millennials are joining their older counterparts in exiting the UK after it introduced sweeping tax reforms targeting its wealthy non-domiciled residents

The merger comes as part of a broader trend of consolidation in India’s satellite TV sector, driven by the rise of video streaming platforms and a shrinking pay-TV subscriber base.
Companies & Markets

India’s Tata Play, Airtel Digital TV near merger: ET

INDIA’S Tata Group and Bharti Group are finalising a merger of their satellite TV businesses Tata Play and Airtel Digital TV amid mounting losses due to sustained migration to digital streaming, Econo...

Bharti Airtel’s consolidated net profit jumped 168 per cent to 35.93 billion rupees (S$564.9 million) in the July-to-September quarter.
Telcos, Media & Tech

India’s Bharti Airtel posts bigger Q2 profit, boosted by higher tariffs

BHARTI Airtel reported an over two-fold rise in its second-quarter profit on Monday (Oct 28), as the telecom operator’s first tariff hike in over two years boosted its revenue per user.

The deal with Airtel would be for Nokia’s latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs.
Telcos, Media & Tech

Nokia in talks with Bharti Airtel for multi-billion dollar 5G contract

Ericsson already won a multi-billion dollar contract from Bharti Airtel

Increased demand from the Indian 5G market cushioned a slowdown in revenue from Ericsson's main US market.
Telcos, Media & Tech

Ericsson gets new 5G contract from India's Bharti Airtel: sources

Its revenue next year may receive a boost, after a decline in India contracts in the first half of 2024

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More