Bharti Airtel: DTH stake sale
Bharti Airtel recently sold 20 per cent stake in Bharti Telemedia, its direct to home (DTH) arm, to private equity firm Warburg Pincus. The sale consideration for the deal was ₹1,624 crore. For Warburg Pincus, the stake buy gives it a foothold, through a key player, in the high-potential DTH market. Bharti Airtel, while still retaining 80 per cent in Bharti Telemedia, adds to its coffers amidst t...
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