RIL’s Acquisition of DEN Networks and Hathway Will Have a Negative Impact on DTH Players
Reliance Industries' acquisition of majority stakes in multiple system operators (MSOs) Hathway Cable & Datacom and DEN Networks augurs well for all the three firms but will have a negative impact on broadcasters and direct-to-home (DTH) players, according to India Ratings. In a move aimed at becoming the largest player in the broadband as well as the cable TV and DTH market, Reliance Industries (RIL) earlier this month said it... Read More