Reliance Ind acquires DEN and Hathway network

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Sarkar

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Mumbai: Mukesh Ambani-owned Reliance Industries (RIL) is said to be in talks to acquire Sameer Manchandapromoted multi-system operator (MSO), DEN Networks, two highly placed sources with the direct knowledge of the development told ET.

A possible acquisition of DEN Netwroks will give RIL a direct entry into 13 million households, including over 10.5 million digital subscribers.

“It is known that RIL wants to enter this space. They already have a MSO licence and they have laid extensive amount of fibre cable across the country. It is just a matter of time for the company to make some splashy acquisition and hit the ground running,“ a media analyst with a top brokerage firm said.

In 2015, RIL's step-down subsidiary Reliance Jio Media procured a pan-India MSO licence from the Information & Broadcasting ministry. The same year, RIL hired K Jayaraman, a cable industry expert who led India's largest MSO Hathway Cable & Datacom, and SN Sharma, then CEO of DEN Networks, to built its cable business.

Aiming for organic growths: Reliance Ind in talks to acquire DEN networks - ET Telecom
 
Den network is so cheap
Am using den set top box since 4years.they ll provide all languages Channels for 200 rs per month.
 
Now again lets see after acquiring they disrupt the business in Cable as they have done with Jio.
 
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