DTH updates Bharti Airtel sells 20% stake in DTH arm

[Basil]

“The Indian digital TV market is expanding rapidly and we believe that Airtel DTH is well positioned to capitalize on the incremental growth in digitization and new TV penetration in tier 3 and 4 towns and rural areas…. we look forward to supporting the management team during the next phase of the company’s growth,” said Vishal Mahadevia, managing director and co-head, Warburg Pincus India.

Airtel to sell 20% stake in DTH arm to Warburg Pincus for $350 million - Livemint

 

[sandy]

Any good news

 

[Optimus_Prime]

will this acquisition lead to addition of Travel XP HD in near future?

 

[Sai Jai]

will this acquisition lead to addition of Travel XP HD in near future?

:no::no:

 

[Amit1079]

No bro they will get stuck as Dishtv Videocon company for one year:tongue::blush:

 

[abhi1276]

No bro they will get stuck as Dishtv Videocon company for one year:tongue::blush:

Thats why doing a business here is very tricky so many approval require even for indian company mearger/buying out other indian company

 

[Amit1079]

will this acquisition lead to addition of Travel XP HD in near future?

With this business, many channels get removed and start fresh deal :wink:
I am surprised why airtel selling ,I think due to tata and dish d2h tough competition

 

[Sai Jai]

With this business, many channels get removed and start fresh deal :wink:

Why ??

Btwn No coz its only a 20% sale not 51% merging or aquisation deal bro

 

[Karthik.]

Somehow airtel- is synonymous with costly. Especially because of its mobile tariffs earlier. So its pentration into villages will be little difficult,i feel.

 

[Sarkar]

So where's TS deal..?

TS can still be a party considering Mr Sunil Mittal only control 50% share of Airtel, so there is still 80% left in DTH arm of Airtel after this deal, much like UPA coalition Govt.

Now everything will depend on how much fund left with Mr Mittal to fight war against Mukesh Bhai considering Airtel's 4G has only 60% coverage compared to Jio's 95% throughout India. So if Mr Mittal needs to raise money then there will not much option left for him other than selling stack in DTH arm just like what he is doing now.