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Articles tagged with: Singtel and Bharti Airtel
SingTel Boosts Stake in India's Bharti Airtel
Singapore Telecommunications (singtel) has announced that it is paying around US$393 million to increase its stake in India's Bharti Airtel to 31.95 percent from 30.43 percent currently. The company is buying the shares though its investment arm, Pastel. more
Related Tags: temasek-holdings, India
Bharti Airtel and MTN May Extend Merger Talks
India's Bharti Airtel and South Africa's MTN Group are expected to extend the deadline for their merger talks due to the complexity of the negotiations, sources have told the Wall Street Journal. The issue is reported to be down to issues with Singapore Telecom, which owns 30% of Bharti Airtel. more
Fitch Comments on Potential Transaction Between Bharti and MTN
Fitch Ratings has commented that it will closely monitor developments following the disclosure by India's Bharti Airtel and South Africa's MTN Group that they are engaged in exclusive discussions to potentially acquire stakes in each other, with a view to eventually achieving a full merger. more
Related Tags: mtn, fitch-ratings, fitch, debt-ratings, South Africa
MTN restarts merger talks with India's Bharti
India's Bharti Airtel has resumed merger talks with South Africa's MTN - after they broke down last year. Under the proposed terms of the deal, Bharti would acquire a 49% shareholding in MTN and, in turn, MTN and its shareholders would acquire an approximate 36% economic interest in Bharti, of which 25% would be held by MTN with the remainder held directly by MTN shareholders. more
Related Tags: mtn, johannesburg--stock-exchange, partner, South Africa
Fitch Affirms Singtel's & Optus' Debt Ratings
Debt ratings agency, Fitch has affirmed Singapore's singtel and its Australian subsidiary, Optus' Long-term foreign currency Issuer Default Ratings (IDR) at 'A'. The Outlook remains Stable. At the same time, Fitch has affirmed singtel's and Optus' outstanding senior unsecured bonds at 'A'. more
Related Tags: , vodafone, tim, iden, optus, ais, bharti, sharp, warid-telecom, vodafone-australia, hutchison, fitch, Singapore
Softbank to Sell Apple's iPhone in Japan This Year
TOKYO -(Dow Jones)- Softbank said Wednesday it has won the right to sell Apple's iPhone in Japan and will market the popular next-generation phone in 2008, in a coup for the nation's third-largest mobile communications carrier. more
Related Tags: docomo, telecom-italia, apple, softbank, optus, globe-telecom, softbank-mobile, bharti, hutchison, vodafone-group, Japan
SingTel 1Q 2008 Net Profit S$927 Million Vs S$840 Million
Related Tags: mobileone, advanced-info-service, optus, globe-telecom, bharti, telkomsel, starhub
Singapore Telecom 1Q Net Likely Up 1.4% At S$852 Million
Related Tags: advanced-info-service, optus, globe-telecom, bharti, chief-financial-officer