Breaking Airtel in advanced talks to buy Tata Play

[dino29]

If this merger happens I will shift to BSNL IPTV.

Bro, why So much unnecessary hatred towards Airtel ? Just as this news has come u seem so unhappy

 

[puglu]

Hope they will make final deal before ses7 expiry.

You are holding bharti calls

 

[dino29]

Airtel will loot increased NCF & monthly locked price from polite TATA play users soon

But infact it is Tata Play who has increased NCF not Airtel Digital TV..... Also lock in period though not good for customers but again as i have said in order to have a sustainable business model companies have to balance out between what benefits customers and what is good for financial health + growth of company..... Unless company is having a positive financial health customers won't get good quality service in long term and on a constant basis.... Airtel be it in Telecom , DTH or Broadband business has always kept a great balance regarding these 2 things thus have succeeded in overcoming huge challenges and run respective businesses efficiently

 

[dino29]

They have drops IPO plans due to loss in latest financials.

Tata Play FY24 results: Net loss widens to Rs 353.9 crore, revenue dips 4.3%

Tata Play, previously known as Tata Sky, reported a widened loss of Rs 353.9 crore with a 4.32% decline in revenue. Plans for an IPO were delayed due to regulatory issues. The company's financial performance in FY24 shows a challenging year.

economictimes.indiatimes.com

most probably cancelled this plan as they wanted to sell DTH business and when they bought back stake held by foreign investors i had stated in the forum that usually such things happen when company is in process of merging or selling out the business

 

[Harsha1996]

Sad to see DTH industry is dying this way
I always thought DTH can compete because of the higher arpu customer base
They are losing this battle because of their own mistakes OTT isn’t perfect and expensive still they are cracking this business

 

[dino29]

IPO plan stands cancelled / postponed

https://www.business-standard.com/amp/companies/news/tata-shelves-plans-for-ipo-of-media-unit-after-buying-out-temasek-124082900593_1.html.

I am sensing that later we might see either Tata Play merging with Airtel Digital TV or maybe merged Disney-Star + Reliance entity buying out Tata Play....Already Disney owns 30% stake in Tata Play, there was lot of news earlier on that Disney might sell this stake but it did not happen which further give rise to speculations whether some changes r on way

Here is the post i was referring to

most probably cancelled this plan as they wanted to sell DTH business and when they bought back stake held by foreign investors i had stated in the forum that usually such things happen when company is in process of merging or selling out the business

 

[dino29]

Tomorrow is 15th Anniversary of Airtel Digital TV....let's wait and see see if they announce something regarding this

 

[Digital Mastermind]

@dino29 be like : Party tho abhi shuru hui hai...

T: The party has just begun

 

[dino29]

@dino29 be like : Party tho abhi shuru hui hai...

T: The party has just begun

Buddy i am not pro or anti any company.... I a happy if any company has a business strategy which benefits both their financial health and customers..... I have been saying since long time that Airtel has done fab job in doing so though many members just criticised Airtel for smallest of things without looking at wider perspective as to why they implemented that policy and ofcourse many times criticised Airtel without any actual reason too.

Everyone should be happy if any company is able to grow and provide great service to its customers....u too please smile now

 

[dino29]

ET reported many acquisitions in the past, but most of them did not happen. So, we should wait for the official update from Airtel or Tata Play.

Even other News Portals like Business Standard, AdGully etc. have reported this news