Bharti Airtel has initiated talks with Dish TV to merge their DTH businesses under Airtel Digital TV, according to reports.
Reports said that if the deal is done, the entity will be the world’s largest TV distribution company with over 38 million subscribers.
The idea is to consolidate operations. Airtel Digital is backed by private equity firm Warburg Pincus, which had bought a 20% stake in the company.
Recently, Reliance Industries and its group companies increased its stake in Hathway Cables and Datacom and Den Networks.
Last Year, Dish TV completed the merger of Videocon d2h with its network.
Dish TV India Limited has a vast distribution network of over 4,000 distributors & around 400,000 dealers that span across 9,415 towns in the country. Dish TV’s market capitalisation as of March 15 was at Rs 7,263.75 crore.
Bharti Airtel Limited is a leading global telecommunications company with operations in 16 countries across Asia and Africa.
