The enormous scope for DTH players to improve and expand biz might be a reason

The stock of Bharti Airtel traded flat on Wednesday despite the stake-sale in the company’s DTH business to private equity firm Warburg Pincus. The news was announced the previous evening. Bharti Airtel does not have much to lose as it will continue to hold a significant stake in the growing DTH business after the sale and the proceeds of the sale can come in handy in future. Warburg Pincus is ...