• Welcome to DreamDTH Forums
    An online community for the television enthusiasts!
    Log in or Register

Sun TV denies involvement in 2G scam, share price falls

Bapun Raz

Staff member
3 Nov 2010
Reaction score
Mumbai, Jun 3: Amidst media reports alleging involvement in 2G scam, Sun TV released an official statement strongly denying its role in the 2G scam.
Sun TV Network Ltd.sun-tv-network-ltd17040158
Sun TV Network Ltd
BSE 283.4511.35 (4.17%)
NSE 283.7511.20 (4.11%)

"Sun TV denies the baseless allegations and rumors leading to abnormal volatility in share prices. Over the last few days and more particularly on June 02, 2011, there has been a steep fall in the prices of the Company’s shares possibly triggered by baseless allegations and rumors linking the Company with certain happenings relating to the 2G scam," the Sun TV statement said.

"We wish to inform that Sun TV Network Limited and Mr Kalanithi Maran do not have any relationship whatsoever to any of these happenings," the statement added.

Sun TV officials also said that Union Textile Minister and DMK leader Maran does not own any shares either in Sun TV Network Limited or in Sun Direct TV Private Limited.

Sun TV claimed that the "company has a robust and diversified business model with strong presence in TV broadcasting in the four southern languages (Tamil, Telugu, Kannada and Malayalam), a pan-India presence in the Radio business, and an emerging presence in the Movie production business."

Following media reports that alleged Maran of misusing his position as former telecom minister to get at least 323 BSNL fixed line connections to his residence in Chennai for his family owned Sun TV, Sun TV shares slipped more than 30 percent on Thursday, Jun 2.
Read: ಕನ್ನಡದಲ್ಲಿ
Later, Maran denied the allegation against him and said, "There was a CBI enquiry on me that I have misused official position to get 300 phone lines. I wrote to the chief general manager that please explain to me how many lines are present in my residence. Let me quote from here - "Only one BSNL telephone was provided when you were a minister and MP at your residence."

OneIndia News


26 Apr 2011
Reaction score
Ini ennathan sonnalum yaarum namba mataanga
Sun direct already get 600 c from malaysia and RED FM all come under 2G SCAM>
Thread starter Similar threads Forum Replies Date
A Updates:- MHA denies permission to Sun Network channels, shut down imminent? TV Channels News 129
Napster Sun TV strongly denies any role in 2G scam TV Channels News 0
A DTH Updates DD Raipur Added by Sun Direct Sun Direct 3
Dhinakar Raj How will new TRAI guidelines like satellite sharing help us - Sun Direct users?? Sun Direct 0
Chezhiyan Good News Enjoy Hollywood movies every Sunday on Sun TV South Indian TV Shows 7
Ajith 100 Good News Common Pay Channels available in DPO 1 Pack Excluding Sun Network channels Sun Direct 9
A G Seeking Help Sun direct offer Sun Direct 4
A Sun direct resell Buy/Sell DTH & Sat Equipments 0
A Good News Sun news news graphics change TV Channels News 7
L No dolby audio in sun nxt Sun Direct HD 3
Bishnu15 DDF Exclusive Sun Direct latest brochure and package changes Sun Direct 0
S SUN DIRECT HD SET UP BOX . 1 YEAR OLD.. . Shifting home . Reason for selling Buy/Sell DTH & Sat Equipments 11
Yuva2484 Seeking Help Sun Direct Remote Sun Direct 1
A Good News Sun life 9 anniversary TV Channels News 0
DreamDTH.com Article Sun Direct new connection can now be bought in 3 different CPE models directly from the website Sun Direct 4
V SUN DIRECT DTH HD General DTH News & Discussions 1
DreamDTH.com Article NTO 2.0 to have nil or marginal impact on subscription revenues: Sun TV Network DreamDTH Articles Discussions 0
Deep.S Good News "Sun News HD, Udaya Movies HD, Sun Bangla HD & Surya Movies HD" Running from IS17 @66* east Intelsat Updates 9
veer32564 Saraswatir Prem | Sun Bangla | Starts 7 December TV Shows & Programs 1
veer32564 Harano Sur | Sun Bangla | Starts 7 December TV Shows & Programs 2
veer32564 Kanyadaan | Sun Bangla | Starts 7 December TV Shows & Programs 3
DreamDTH.com Article Sun TV Network has a new distribution entity ‘TVCH Distribution Services Private Limited’ DreamDTH Articles Discussions 0
Bishnu15 DDF Exclusive Sun Direct latest brochure Sun Direct 0
DreamDTH.com Article Sun Direct offers exciting retention offers this Diwali DreamDTH Articles Discussions 0
DreamDTH.com Article Tata Sky and Dish TV lose subscriber market share as Airtel and Sun Direct gain in Q1 FY21 General DTH News & Discussions 5

Similar threads

Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock