Dish TV promoters may cash out for Rs 5,000 cr, Bharti Airtel to pick stake

Bharti Airtel, Warburg Pincus to buy Jawahar Goel's 58% stake at Rs 45-50 a share

The promoters of direct-to-home (DTH) service provider Dish TV will be exiting the business by selling their stake to Airtel Digital TV, the DTH arm of telecom giant Bharti Airtel. Sources in the know said Bharti Airtel was likely to partner with private equity major Warburg Pincus and pay Rs 45-50 a share to the Goel family, the promoters of Dish TV, who would receive between Rs 4,800 crore and Rs 5,300 crore. 

The sources said Airtel wanted to merge Dish TV with itself, which it would do through a share swap after acquiring the promoters’ stake, and an open