India, Nov. 7 -- Singapore Telecommunications Limited (Singtel) announced that it had raised about SGD 1.5 billion through a private placement to institutional investors, reducing its direct ownership in regional partner Bharti Airtel Limited (Airtel) by roughly 0.8 per cent. The transaction, which generated strong investor demand, highlights confidence in Airtel's long-term outlook. Singtel stated on Friday, 7 November 2025, that the sale is expected to result in a gain of approximately SGD 1.1 billion.

Group Chief Financial Officer Arthur Lang explained that the sale aligns with Singtel's broader strategy to streamline its investment portfolio and enhance shareholder value through disciplined capital management. "We've been working in ...