Bharti Airtel Values DTH Unit At 15,630 Crore As It Buys Back Stake From Warburg

Bharti Airtel Ltd. will acquire Warburg Pincus’ 20% stake in its direct-to-home business in a deal worth Rs 3,126 crore.

Business Reorganisation

In its meeting on Wednesday, Bharti Airtel’s board also constituted a special committee of directors to evaluate various options for reorganisation of the company’s businesses and shareholding structure “to achieve required flexibility and sharper focus on digital and non-telecom businesses of the company to enable any unlocking of enhanced value for its stakeholders”.

The committee will share its recommendations to the board, though no timeline was stated by the company in its filing with stock exchanges.