DEN Network’s joint venture partners express concern over the operations of DEN

By June 10th, 2015 AT 2:47 PM

The joint venture partners of DEN Networks, leading cable TV Distribution Company in India are dissatisfied with the operations and financial dealings of DEN, reports Bollywood Helpline.

DEN-India

According to the report, DEN’s joint venture partners raise concerns in their recent meeting held in Delhi. Serious allegations were raised in the way agreements are drafted, a few on 50:50 basis, while the others as 51:40 or 60:40. Lack of transparency in the dealings was another issue raised.

In the meeting, the joint venture partners formed an association ‘DEN India JV Partners Association’, perhaps to mainly address such issues with DEN. Ravi Singh, a Mumbai-based DEN Satellite Network JV Partner demanded DEN to treat its partners equally.

The meeting saw the presence of around 20 joint venture partners from all over India. DEN has an extensive presence in areas like Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh and Uttarakhand, most of which are through joint venture partnerships.

Meanwhile, DEN Networks is trying to adopt direct distribution system in Phase III and Phase IV of digitization, thereby to eliminate most of its partnerships.

Read more on:

Leave a Reply

avatar
Photo and Image Files
 
 
 

Recent Posts

Samsung Unveils Galaxy Assured, Galaxy Forever Schemes in India

Samsung India on Friday announced the launch of Galaxy Assured and Galaxy Forever schemes in India. The company said that...

BSNL Withdraws Rs 149 Postpaid Plan, Users to Receive Rs 25 as Credits for Migration

Bharat Sanchar Nigam Limited (BSNL) on Friday withdrew its Rs 149 postpaid plan that offered 100 minutes of free calls...

National Digital Communications Policy Should Be Implemented Soon: Trai Chairman

Trai Chairman RS Sharma has addressed the importance of new telecom policy and stated that the government should implement the...