Singapore Telecommunications (STEL.SI) has agreed to increase its effective stake in India's mobile phone operator Bharti Airtel (BRTI.BO) to 31.95 percent from 30.43 percent, the company said.SingTel will make an estimated payment of between 18,073 million Indian rupees to 30,084 million Indian rupees ($641.3 million) for the purchase of additional shares of Bharti Telecom, the statement said.
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SingTel to raise stake in Bharti by 1.52% to 31.95% - dnandia.com
Singapore Telecommunications Ups Stake In Bharti Airtel - The Wall Street Journal
