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Tuesday, January 11, 2011

SingTel increases stake in Bharti Airtel to 32.15 percent

Commodity Online, 11 Jan 2011SINGAPORE CITY (Commodity Online): Singapore Telecommunications (SGX: T48, ASX: SGT), said it has paid S$39 million ($30 million) for 4.07 million shares in Bharti Airtel Ltd (BOM: 532454) to expand its stake in the Indian firm from 32.04 percent to 32.15 percent. Full storyRelated:Singtel says buys $30 mln worth of shares in Bharti Airtel - Reuters IndiaSingTel