November 28th, 2017 6:18 PM 4 COMMENTS

Reliance Big TV to Be Acquired by Pantel Technologies and Veecon Media; RBTV to Renew License and Continue Offering Services

Anil Ambani-led Reliance Communications Limited (RCom) has entered into a binding Share Purchase Agreement with Pantel Technologies Pvt Ltd and Veecon Media & Television Limited for sale of its subsidiary Reliance BIG TV Limited (RBTV), engaged in the business of Direct-to-Home (DTH) services across India. "Pursuant to this transaction, the buyers will acquire the entire shareholding of RBTV with business on an “as-is, where-is” basis," said RCom in a media... Read More

November 6th, 2017 5:38 PM 8 COMMENTS

RCom Signs a MoU With Veecon Media & Television Limited; Reliance Big TV to be Acquired by Veecon Media

Anil Ambani-led Reliance Communications Limited (RCom) today entered into binding Memorandum of Understanding (MoU) with Veecon Media and Television Limited, for sale of its subsidiary Reliance BIG TV Limited (RBTV), engaged in the business of Direct to Home (DTH) services across India. At the end of the October 2017, RCom said that it's going to shut down its DTH arm business, Reliance Big Digital TV with effect from November 18,... Read More

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