Aug 18, 2016 at 09:00 | Source: CNBC
Singtel said in a statement that it plans to acquire a 21 percent stake in Intouch for 1.58 billion Singapore dollars (USD 1.18 billion) and an additional 7.39 percent stake in Bharti Telecom for 884 million Singapore dollars, through wholly-owned subsidiaries.
Jun 15, 2016 at 17:08 | Source: PTI
Bharti Airtel shares rose by nearly 3 percent after the company joined hands with Singapore Telecommunications to deliver high-speed data network coverageacross 325 cities in the Asia-Pacific, the Middle-East, Africa, Europe and the US under one network
Jun 14, 2016 at 15:34 | Source: PTI
"This association will strongly enhance our value proposition for enterprise customers by offering them a wider global reach and the largest reach within India under a single platform," Bharti Airtel Director, Strategic Ventures Manish Prakash said in a statement.
May 28, 2016 at 16:12 | Source: PTI
"During the quarter and year ended March 2016, the company provided Rs 25,152 lakh as diminution in value, other than temporary, in its long-term investments in Tata Teleservices," Tata Communications said in its financial report.
May 19, 2016 at 11:05 | Source: Moneycontrol.com
Singapore Technologies Telemedia and Tata Communications have entered into definitive agreements whereby ST Telemediaa, through ST Telemedia Global Data Centres, will upon closing of the transaction acquire a 74 percent majority stake in Tata Communications data centre business in India and Singapore.
May 19, 2016 at 09:41 | Source: CNBC-TV18
Tata Communications to sell 74 percent stake in its data centre business to Singapore Technologies Telemedia, a unit of state investment company Temasek Holdings Pte Ltd, for USD 650 million to pare its debt.
May 19, 2016 at 07:28 | Source: PTI
Tata Communications plans to use the proceeds from the deal to reduce its debt. The company's core business debt at the end of December 2015 stood at around USD 1.4 billion.
May 18, 2016 at 12:13 | Source: CNBC-TV18
Tata Communications is likely to sell 75 percent stake in its data centre arm for USD 680 million to ST Telecom.
May 12, 2016 at 11:03 | Source: Reuters
One source said Southeast Asia's largest telco is expected to appoint banks by the end of this year and the initial public offering of NetLink Trust could be launched in the second half of 2017.
Nov 02, 2015 at 15:00 | Source: PTI
The aggregate average revenue of telecom operators in Asia Pacific will increase 3-4 percent over the next 12-18 months, similar to 2014s growth rate of 3.8 percent and trending in line with forecast average GDP growth for the region and its outlook for the industry is stable, it said.