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Companies & Markets

Singtel unit sells 0.8% stake in Bharti Airtel for about S$1.5 billion, booking estimated S$1.1 billion gain

ST20250517_202554400741/pixgeneric/Taryn Ng// Generic of Singtel logo at Singpost Centre on May 17, 2025. Can use for network, broadband, telecom. ST PHOTO: TARYN NG
Companies & Markets
HOT STOCK

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

The unit, Pastel, offered to sell 51 million shares, or a stake of 0.8% in Bharti, at a floor price of 2,030 rupees (S$29.88) each.
Companies & Markets

Singtel offers US$1.2 billion stake in Bharti Airtel, terms show

Singtel's record-high share price comes after a day of heavy trading, with more than 50.3 million shares traded.
Companies & Markets
HOT STOCK

Singtel rises 5.4% to all-time high amid talks of US$3.9 billion data-centre deal

KKR currently owns about 14 per cent of the firm while Singtel has a stake of more than 4 per cent. The rest of the company is held by ST Telemedia, which is wholly owned by Singapore state investor Temasek Holdings.
Companies & Markets

KKR, Singtel seek to fully own Singapore data centre firm in US$3.9 billion deal

Optus has been in turmoil since the botched network upgrade prevented customers from calling emergency services and led to multiple deaths.
Telcos, Media & Tech

CEO of Singtel-owned Optus says he has no plans to resign in fiery probe into fatal outage

The network leverages Palo Alto Networks’ post-quantum cryptography software-based feature that adds quantum-safe encryption to existing infrastructure.
Companies & Markets

Singtel partners Palo Alto to launch network against surge of quantum-computing threats

The Optus headquarters in Sydney. Australia’s second-largest telco has had to deal with issues such as hackers stealing customer data and service outages.
Opinion & Features
THINKING ALOUD

A hard time ahead for Optus, Singtel’s Australian telco

Optus' revenue of A$8.2 billion was roughly half that of the Singtel Group in FY2025. The Australian unit was last profitable in FY2020.
Companies & Markets

Singtel pledges support for troubled long-time unit Optus; transformation ‘will take time’

Australian phone company Optus said last week’s network outage left some 480 customers unable to reach emergency services, as the Singapore Telecommunications Ltd.-owned business started an independent review into the fatal failure.
Companies & Markets

Singtel’s Optus appoints consulting firm Kearney to ‘begin immediate oversight’ following outages

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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