Tag Archives: Bharti Airtel

In a recent telecom spectrum auction, Bharti Airtel emerged as the top buyer, securing approximately 60% of the total ₹11,340 crore worth of spectrum sold. The auction, which concluded within two days, saw limited participation despite the government offering 10 GHz of spectrum across various bands.

The Centre has commenced the auction of telecom spectrum valued at ₹96,238.45 crore, signaling a significant step in bolstering telecommunications infrastructure in India. The auction, which began on Tuesday, involves a total quantum of 10,522.35 MHz across various bands.

In a significant move reflecting Southeast Asia's telecom landscape, Singapore Telecommunications (SingTel) announced the sale of a 0.8% stake in Bharti Airtel to U.S.-based investment firm GQG Partners for ₹5,850 crore. This transaction marks the latest in a series of efforts by Southeast Asia's largest telecom operator to streamline its capital, with total capital recycling reaching S$8 billion since its strategic reset in 2021.