We have a joint-venture with Bharti Telecom in India.

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While building a fiber-optic network for telecom firm Bharti Airtel, he latched on to Internet services, which were just taking off in India.

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"Bharti will always have telecom in its portfolio, " he declared.

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The relatively unknown Bharti snatched the prized mobile license for Delhi, then reeled in Telecom Italia and British Telecom as partners (they later sold out from Bharti).

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SingTel said the additional telecom bandwidth awarded to Bharti in 2002-2003 was allotted according to the Indian government's policies in place at the time.

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Shares of telecom-tower company Bharti Infratel Ltd.

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According to the terms of the agreement, Bharti--India's largest telecom company--will provide data capacity on its i2i submarine cable networks to Reliance Jio Infocomm Ltd.

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Bharti, Idea, and Vodafone India then went to the Telecom Disputes Settlement and Appellate Tribunal, which initially stayed the ban.

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Singtel's comments came a day after an Indian court summoned Bharti Chairman Sunil Mittal to face criminal charges in a case related to alleged irregularities in the allocation of telecom bandwidth in 2002.

WSJ: SingTel Backs Bharti Airtel, Mittal