{"id":931423,"date":"2025-05-17T06:50:21","date_gmt":"2025-05-17T01:20:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=931423"},"modified":"2025-05-17T06:57:26","modified_gmt":"2025-05-17T01:27:26","slug":"singapores-singtel-sells-1-2-stake-in-bharti-airtel-for-1-54-billion-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/17\/singapores-singtel-sells-1-2-stake-in-bharti-airtel-for-1-54-billion-2\/","title":{"rendered":"Singapore&#8217;s Singtel sells 1.2% stake in Bharti Airtel for $1.54 billion"},"content":{"rendered":"<p>Singapore Telecommunications Ltd (Singtel) has sold a 1.2 per cent direct stake in Bharti Airtel for S$2 billion (approximately $1.54 billion), resulting in an estimated gain of S$1.4 billion, the company said in an exchange filing. <\/p>\n<p>The sale was executed through Pastel, a wholly owned unit of Singtel, which offloaded 71 million Airtel shares at \u20b91,814 per share. The transaction was priced at a 2.85 per cent discount to Airtel&#8217;s closing stock price on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore Telecommunications Ltd (Singtel) has sold a 1.2 per cent direct stake in Bharti Airtel for S$2 billion (approximately $1.54 billion), resulting in an estimated gain of S$1.4 billion, the company said in an exchange filing. The sale was executed through Pastel, a wholly owned unit of Singtel, which offloaded 71 million Airtel shares at \u20b91,814 per share. The transaction was priced at a 2.85 per cent discount to Airtel&#8217;s closing stock price on Thursday.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,4,35],"tags":[],"class_list":["post-931423","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-telecom-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/931423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=931423"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/931423\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=931423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=931423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=931423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}