Bharti Airtel to buy 20% stake in its DTH arm from Warburg Pincus

Reuters

Published Feb 17, 2021 08:35AM ET

BENGALURU (Reuters) - Indian telecom operator Bharti Airtel Ltd said on Wednesday it will buy a 20% stake in its direct-to-home television arm Bharti Telemedia from U.S. private equity firm Warburg Pincus for 31.26 billion rupees ($429.31 million). [FWN2KN109]