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Bharti drops DTH stake sale move

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India's largest telecoms operator, Bharti Airtel, has shelved plans to sell a large stake in its direct-to-home (DTH) business Airtel Digital TV after talks failed with financial and strategic investors, sources directly familiar with the matter told TOI.

Sunil Mittal-led Bharti was negotiating to sell at least 25% in the DTH unit valuing it about $1.5 billion, however, the telecoms-to-retail group was unable to get the desired valuation from prospective buyers, which included Los...

Bharti drops DTH stake sale move

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