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Airtel Planning To Sell 25% In DTH Business: Report

Bharti Airtel is looking to sell up to 25% stake in its Digital TV (DTH) venture reports LiveMint, quoting sources, and adding that it is in talks with investors like US-based Liberty Global Inc, among others. This is definitely an interesting move at a time when the government is enforcing digitization across the country, and forcing customers to choose between the two digital alternatives - DTH and Digital Cable. In the recent budget, the government has also increased import duty from 5% to 10% on set top boxes to encourage domestic production, and this means that if Airtel wants to import set top boxes, they will be costlier; DTH operators might be subsidising set top boxes to reduce barrier to entry for new customers looking to switch, and given the opportunity that digitisation offers. An unnamed analyst tells Mint that the…

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