Bharti Airtel Might Purchase a Major Stake in Rival DTH Company

Dish TV could certainly benefit if Airtel enters the business with a controlling stake. This could give major competition to the number one DTH operator in the country — Tata Sky.

Published by
Tanay Singh Thakur

Bharti Airtel

Bharti Airtel might be contemplating purchasing the rival Direct-to-Home (DTH) operator, Dish TV. Bharti already runs a DTH business under the brand — Airtel Digital TV. The telecom operator is in early-stage talks with Dish TV to buy a majority stake in the company, reports Mint. Nothing’s finalised yet as the discussions are still in the early stage. However, Dish TV’s shares jumped 4.8% in the early trade session on Thursday to Rs 18.40.

Bharti Airtel’s DTH business is already growing steadily. Airtel Digital TV had reported a 6% growth in YoY revenues in the September quarter.

Tata Sky Could Get Major Competition Airtel and Dish TV

Dish TV could certainly benefit if Airtel enters the business with a controlling stake. This could give major competition to the number one DTH operator in the country — Tata Sky. Tata Sky has kept its crown of being the DTH company with the largest subscriber market share in India for consecutive quarters, even years.

According to the data released by the Telecom Regulatory Authority of India (TRAI), Tata Sky had 33.37% of the market in Q1 FY22 while its rivals Dish TV-D2h and Airtel Digital TV had 23.45% and 25.76% market share, respectively.

While over-the-top (OTT) businesses/platforms are growing in India, pay-TV remains the single biggest source of entertainment for millions of households. Not everyone has access to the internet and OTT platforms in a uniform manner. But satellite television services even reach rural India in the same capacity.

At the time of writing, Dish TV is still trading at Rs 18.40, which is 4.84% in the green, while Bharti Airtel is trading at Rs 720, which is 0.31% in the red.

In other news, Yes Bank, a prominent stakeholder in Dish TV, will be allowed back to participate in the Annual General Meeting (AGM) of the DTH company after the Supreme Court ruling.

Tanay Singh Thakur

Tanay is someone with whom you can chill and talk about technology and life. A fitness enthusiast and cricketer, he loves to read and write.

Share
Published by
Tanay Singh Thakur

Recent Posts

WhatsApp Working on Separate App for iPad, Might Launch Soon

Social media messaging platform WhatsApp is known to bring changes and updates and new features…

Second-Hand Smartphone Market Might Grow to $4.6 billion in Three Years

According to the latest research report, the second-hand smartphone market in India is on its…

FAA Consents AT&T and Verizon for Further Activation of 5G Towers

In the latest unfolding of the events regarding the deployment of the 5G towers near…

Things You Can Do to Stabilise Your Broadband Wi-Fi Connection

With our lives entwined with the internet every day, there is nothing more frustrating than…

BSNL Bharat Fibre Broadband Plan that Offers 6.5TB of Data

Bharat Sanchar Nigam Limited (BSNL) offers a broadband plan to the customers that comes with…

Cheapest Daily Data Prepaid Plans from Jio, Airtel, Vi

The three private telecom operators of India – Reliance Jio, Vodafone Idea and Bharti Airtel…

Fastrack Reflex Vox Smartwatch Launched in India, Offers 100+ Watch Faces, Built-in Alexa and More

The Indian fashion accessory brand Fastrack has launched its smartwatch in India – Fastrack Reflex…

Redmi Note 11S Could be Rebranded as POCO M4 Pro for Multiple Markets

Redmi the subsidiary company of the Chinese smartphone manufacturer Xiaomi on Wednesday launched its latest…

Bharti Airtel Deal With Google to Allow Telco to Bring Better Smartphone Offers

Tech-giant Google partners with Indian telecommunications behemoth Bharti Airtel for creating new and innovative business…