PE-backed Bharti Infratel to sell 25% of satellite TV unit - report
Bharti Infratel, an Indian telecom infrastructure provider backed by a consortium of private equity firms, is to sell 25% of its satellite television unit.
According to Live Mint, the stake sale could raise as much as INR15.5 billion ($285 million) for Bharti Infratel assuming the unit holds no debts. The business is estimated to be worth $1.1-1.2 billion,...
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