A journal for networking and telecoms
Warburg Pincus will acquire a 20% equity stake in Bharti Telemedia, a subsidiary of Bharti Airtel that offers Direct To Home (DTH) satellite service under the Airtel TV brand, for US$350 million. The business unit has approximately 14 million subscribers according to financial filings.
Viraj Sawhney, Managing Director, Warburg Pincus India, is expected to join the Board of Bharti Telemedia.
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From the Technology Graveyard
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
From 25 years of the Converge Digest archive.
