Merger of Reliance Digital TV DTH and Sun Direct DTH

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vinay_kumar said:
Reliance Communications is the second Indian telecom operator, which is facing tough competition due to the ongoing digitization move, to decide to exit from the DTH business.
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Err.. Maybe I am forgetting, but who is the first...
 
Probably Zee.
 
It was going to happen. Globally only 2-3 DTH operators are present in every market. Only in India we had so many operators operating DTH service. But eventually few of them would fail to survive. But I thought it would be Videocon or SUN, who would sell their business as they are the ones who seem to have less financial backing compared to Ambanis/Tatas or Airtel. BTW there was also news that Airtel is planning to sell 25% stake of their DTH business, and even TATA may sell stake of 80% which it owns in Tata Sky to some third party or to STAR (who owns 20%).
 
Videocon at least played their game right. Focused on critical aspects like quality of service which has given them a good reputation in the market. Too bad, Tata Sky still dominates the popularity charts. Videocon usually benefits from word of mouth publicity.
 
mega_processor said:
.They were also officially planning to acquire licences for new satellite phone technology which would make satellite phones and internets common in India at an affordable price.
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You do realize Sat phones are no where in the world are promoted to be used as a common phone
 
http://www.afaqs.com/media/story/37996_R-Digital-close-to-selling-80-percent-stake-to-Sun-TV

Reliance Digital TV, the fully-owned subsidiary of Reliance Communications that runs its direct-to-home (DTH) operations, is close to selling over 80 per cent stake to Sun TV, controlled by Kalanithi Maran, in a deal valued at around Rs 2,500 crore.

Under the agreement, which is being prepared to be signed within a few days, Reliance will get a one-time cash payment in return for infrastructure and assets of Reliance DTH, while Sun TV will get full management control over the company. The due diligence for the deal has already been completed.
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igloo said:
I wonder how much cash these maran guys have.
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Exactly. They made some big purchases recently like Spicejet Airlines, IPL team, and now another DTH service.
 
Are the satellites in the same direction? If they are then they can add many channels
Yes. Both DTHs using Measat 3 at 91.5°E.
 

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