Singapore Telecommunications (Singtel) will acquire a 7.39 percent additional stake in the holding arm of India’s largest telecom company Bharti Airtel for $650 million. The deal comes just ahead of India’s largest-ever spectrum auction to date. Singtel currently has a 32.5 percent interest in Airtel. “Thailand, India and Africa continue...
Hooq Launches Video-on-Demand Services in India
Video-on-demand service Hooq, backed by Warner Bros., Sony Pictures and Singapore telecom’s Singtel launches this June. The ad-free service will broadcast Hollywood and Indian content at a monthly price of $3.20. “Hooq brings to India the biggest Hollywood catalog where customers can look forward to more than 5,000 Hollywood movies and...