RComm may sell controlling stake in DTH biz to Sun: Sources
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RComm may sell controlling stake in DTH biz to Sun: Sources
#1
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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#2
Great news....hope it will happen soon...
#3
// 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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#4
Smile hope August will be good for both
#5
(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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#6
nice to see may it happen soon..
#7
why fox traveller is removed from sun dth?
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#8
may be no carriage fees!
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#9
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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#10
if both combined then it will be 13million? that will be more than what Dishtv has Smile


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