Singtel to Sell Its 3.3 Percent Stake in Airtel to Fund 5G Operations: Report

Singtel will sell its 3.3 percent stake in India’s telecom giant, Airtel, according to a report. The Singapore-based company will reportedly continue to hold 29.7 percent of Airtel’s shares post sell off. The shares will be bought by Bharti Telecom, which is a joint venture between Singtel and Bharti Enterprises.

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