Singtel has sold a 1.2% stake in Bharti Airtel for $1.4 billion, trimming its holding to 28.3%. The sale aligns with Singtel’s ongoing strategy to optimize capital use and boost shareholder returns. Despite the sale, Singtel remains a key Airtel partner, reinforcing its confidence in India’s $1 trillion digital economy vision and Airtel’s long-term growth.
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