Warburg Pincus to buy 20% in Bharti Airtel’s DTH arm for $350 mn - CleanMax
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Warburg Pincus to buy 20% in Bharti Airtel’s DTH arm for $350 mn

Private equity giant Warburg Pincus will buy a minority stake in the direct-to-home television arm of Bharti Airtel Ltd, a decade-and-a-half after reaping blockbuster gains on its investment in the mobile-phone company. Bharti Airtel, India’s biggest mobile-phone operator, said in a statement on Tuesday Warburg Pincus has agreed to pick up a 20% stake in unit Bharti Telemedia Ltd for $350 million (Rs 2,259 crore).

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