Singtel invests $412m more in Bharti Telecom, raises effective stake in India’s largest carrier to 39.5%

Men make phone calls as they sit on a railing with Bharti Airtel billboards installed on it, along a sidewalk in Kolkata February 1, 2013. REUTERS/Rupak De Chowdhuri/Files

Singapore Telecommunications Limited (Singtel) will increase its stake Bharti Telecom, the parent company of Bharti Airtel, India’s largest telecoms firm, the companies announced on Monday.

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