Thursday, 15 August 2013

Reliance big TV Sold out to Sun DTH TV

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DTH RCom leave after the merging with Sun dth


Reliance big TV, Digital TV, a subsidiary of Reliance Communications is to direct the operation at home (DTH), will merge with the sun dth TV to become the second largest DTH in India after cable digitization india

Cable digitization india and with digitalization of cable reliance big tv sold out to sun hd dth

Under the agreement, which will be announced in a few days, will participate in the new company Reliance Communications (RCom) of 26 percent. The combined company will also take care of the order of Rs 1,500 crore debt of Reliance DTH operations. On 30 June RCom total debt stood at Rs 38,400 crore. 

Under the agreement, Sun Direct then for an IPO. The device is of the merged company. According to sources close to the deal, RCom evaluated the participation of 26 per cent to around Rs 1,500 crore. 

When contacted, a spokesman for comment went to RCom. Sun Group has not responded to questions byt likely to be soon as to get maximum bebifit before cable digitization india

The agreement will help the Anil Ambani-led group crore dependence RCom debt reduction of Rs 3,000. After the merger, the management control Marans, the group sun would have to happen. 

Reliance big TV DTH has a gross subscriber base of 4.1 million euros. Channels operate 260 high-density format. Sun direct has a customer base of approximately EUR 8.5 million. 

Dish TV is the largest company in this segment with a gross subscriber base of 15 million euros. The other major players are Tata Sky (approximately 11.5 million subscribers), Airtel and Videocon D2H. The basis of DTH subscribers total population of 28.7 million in December 2011-32400000 increased in December 2012, according to analyst reports. 

The agreement is essential to direct sun dth, which has a large number of subscribers a strong presence in the south but not the north and west, where the function has. It also marks the beginning of the consolidation in the DTH sector, it now faces stiff competition from operators of cable digital TV, especially after the government entrusted to subscribers and MSOs to switch from analog to digital. 

The deal would leave Rcom restructuring non-core business and use the proceeds to reduce debt. He expects the company worth Rs sell a majority stake in Globalcomm dependence, which controls the assets of submarine cables 6,000-7,000 crore. 

RCom has signed long-term contracts with Mukesh Ambani controlled Infocomm Jio dependence. Under the agreement, Reliance RCom Jio pay Rs 12,000 crore, to use the infrastructure of the train. 

Sun direct dth , a 80-20 joint venture between the Maran family and the Astro Group of Malaysia, specialized in catering to local taste, thanks to the MPEG-4 technology. After its launch in Tamil Nadu in December 2007, then spread to other southern states, reaching the milestone of one million subscribers in less than 200 days. In September 2008, she launched pan-India operations. 

Due Diligence for the event was conducted by PricewaterhouseCoopers. 

In the recent past, Tata Sky DTH players sold five percent of the shares in the capital of $ 49,900,000 India Opportunities. Airtel DTH speculation it was in talks with private equity funds such as KKR and Bain Capital, a minority shareholder to sell. 

It was also reported, Apollo Global Management is its 11 percent Dish TV for sale after cable digitization india

Book Promotion for Reliance big TV


Rs 1,500 crore debt addiction are supported by the company from the merger 

* Digital trust will be integrated with Sun Direct to create the second largest company in the country SRD 

* The trust will own 26% of the direct sun hd dth 
* The merged company will be for an IPO 
* Trust is to close as part of the IPO and expects Rs 1,500 crore.

1 comment :

Perry said...

I’m so grateful for this post.