Bharti Airtel Ltd.

Bharti Airtel is reportedly planning to sell up to 25% stake in its satellite TV services arm. In this regard, the company is in talks with United States-based Liberty Global Inc and a couple of private equity investors for a potential stake sale.

India’s top telecommunications carrier is looking at a valuation of little over $1 billion for the unit that had 7.9 million digital television customers as of December.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.