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Bharti Airtel to sell 20% stake in Telemedia to Warburg Pincus

Direct-to-home deal worth $350 million will marginally reduce largest Indian telecom's debt

Bharti Airtel, India's largest telecom, is carrying $14 billion of debt.   © Reuters

NEW DELHI -- Global private equity company Warburg Pincus is to buy 20% of Bharti Telemedia, the direct-to-home (DTH) arm of Bharti Airtel, India's largest telecom, for about $350 million.

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