I think Tata definitely working here with Airtel, Both Tata and Airtel now against Reliance jio. eventually Tata buy remaining stakes for sell or Merger with Airtel.
TECH NEWS : Telecom giants Jio and Airtel are clashing over DTH license fees. Airtel, backed by Tata Play, wants the fee abolished, aligning DTH with other TV pla
Discussions between Bharti Airtel to acquire Tata Play have now reached an advanced stage. The combined entity will account for over 38 million direct-to-home (DTH) subscribers or more than 60 per cent of the market, making it the largest player.
Those familiar with the deal told Business Today that the new resultant merged entity (between Bharti Telemedia that houses the group’s DTH business and Tata Play), will not have any representation from the Tata group. “The contours are still being worked out and it is possible that there could be an equity arrangement,” they said. It is expected that there will be significant operating and cost synergies.
Discussions between Bharti Airtel to acquire Tata Play have now reached an advanced stage. The combined entity will account for over 38 million direct-to-home (DTH) subscribers or more than 60 per cent of the market, making it the largest player.
Its a merger as i told earlier as a share swap, later TATAs will exit, CCI can clear this merger with approx 40% share of pay tv viewers of 9.2 crore (DTH+Cable) as per TRAI report. Airtel will shift all fiber/airfiber DTH viewers to iptv in coming months.