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Singapore Telecom Major To Sell $1.6B Stake In India's Airtel To Boost 5G, Growth Initiatives
Thursday, August 25, 2022 - 1:36am | 310Singapore Telecommunications Limited (OTC: SGAPY) has announced it will sell a 3.3% stake in Indian telecom player Airtel to Bharti Telecom, for approximately S$2.25 billion ($1.61 billion), as part of its capital recycling strategy. After this transaction, the Singtel Group is expected to own an...
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Google Vs. Facebook: Tech Giants Back Rival Mobile Phone Operators In India
Friday, January 28, 2022 - 3:39am | 442Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)-owned Google will invest up to $1 billion in India’s second largest telecom operator Bharti Airtel, two years after Mark Zuckerberg-led Facebook's — now renamed as Meta Platforms Inc’s (NASDAQ: FB) — mega funding...
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Fintech Focus For April 6, 2021
Monday, April 5, 2021 - 5:51pm | 1606Quote To Start The Day: [S]tock declines of 30-40% are overdone, and growth names should begin to re-inflate. True, interest rates will likely rise over time. However, they still hover near record lows, and borrowers of all shapes and sizes can afford to pay more. Source: Adam Johnson One Big...