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Breaking News :  RComm may sell controlling stake in DTH biz to Sun: Sources
Thursday 13-June-2013, 18:57,
RComm may sell controlling stake in DTH biz to Sun: Sources
CNBC-TV18's Kritika Saxena says the valuation of the DTH stake is around Rs 2500 crore. ... Reliance Communication (RComm) may sell its controlling stake in DTH business to Sun Group, reports CNBC-TV18's Kritika Saxena

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[-] The following 3 users say Thank You to Viki for this post:
amatan, MJ786, S.Raman
Thursday 13-June-2013, 21:13,
RE: RComm may sell controlling stake in DTH biz to Sun: Sources
Great news....hope it will happen soon...
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Thursday 13-June-2013, 22:01,
RE: RComm may sell controlling stake in DTH biz to Sun: Sources
// Sources say the valuation of the stake is around Rs 2,500 crore. The companies will take another 10-15 days before making any official announcement. //

Hope for the best soon...
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[-] The following 1 user says Thank You to Viki for this post:
MJ786
Friday 14-June-2013, 12:11,
RE: RComm may sell controlling stake in DTH biz to Sun: Sources
Smile hope August will be good for both
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Friday 14-June-2013, 12:53,
RE: RComm may sell controlling stake in DTH biz to Sun: Sources
(Thursday 13-June-2013, 18:57)Viki Wrote: CNBC-TV18's Kritika says the valuation of the DTH stake is around Rs 2500 crore

Krithika thanks for the news.
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Saturday 15-June-2013, 11:45,
RE: RComm may sell controlling stake in DTH biz to Sun: Sources
nice to see may it happen soon..
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Wednesday 19-June-2013, 12:30,
RE: RComm may sell controlling stake in DTH biz to Sun: Sources
why fox traveller is removed from sun dth?
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Friday 21-June-2013, 22:01,
RE: RComm may sell controlling stake in DTH biz to Sun: Sources
may be no carriage fees!
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Wednesday 03-July-2013, 10:58,
RE: RComm may sell controlling stake in DTH biz to Sun: Sources
R-Digital close to selling 80 percent stake to Sun TV

By Surajeet Das Gupta & T E Narasimhan, Business Standard, New Delhi/ Chennai,

July 03, 2013


For Rs 2,500 crore; agreement being prepared, to be signed within days.
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.

Read More : http://www.business-standard.com/article...708_1.html
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[-] The following 1 user says Thank You to Viki for this post:
MJ786
Wednesday 03-July-2013, 16:09,
RE: RComm may sell controlling stake in DTH biz to Sun: Sources
if both combined then it will be 13million? that will be more than what Dishtv has Smile
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