Advertisement


Advertisement

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Update: Dish TV gets SEBI nod, expects merger with Videocon d2h to complete by Oct
#1
Advertisement
Dish TV, India’s leading direct-to-home (DTH) company by subscribers, has got the approval of capital markets regulator SEBI for the proposed merger with Videocon d2h and is awaiting clearance from the Competition Commission of India (CCI).

“We have got SEBI’s approval for the proposed merger. We are yet to get the approval from CCI,” Dish TV CMD Jawahar Goel told TelevisionPost.com.

Dish TV expects the merger to complete by October this year. Besides CCI, Dish TV will also have to receive approvals from National Company Law Tribunal and stock exchanges. Applications were filed during the quarter ended 31 December 2016 with the CCI and the stock exchanges for obtaining their approvals.

The merged entity, to be named Dish TV Videocon, will create the largest DTH company in India.

Dish TV gets SEBI nod, expects merger with Videocon d2h to complete by Oct | TelevisionPost.com
Reply
Thanks given by:
Advertisement

Advertisement


Possibly Related Threads...
Thread Author Replies Views Last Post
  DTH News: Tata, Airtel in talks to combine DTH businesses post telecom merger, says report nairrk 0 196 10-17-2017, 09:20 AM
Last Post: nairrk
  DTH News: Videocon d2h partners Skoda for a first of its kind microsite on DTH platform nairrk 0 147 10-13-2017, 05:36 PM
Last Post: nairrk
  DTH News: DishTV launches marketing campaign with SRK to promote ‘Har Dish HD’ initiative nairrk 0 175 10-12-2017, 06:33 PM
Last Post: nairrk
  DTH News: Dish TV partners One Take Media to launch Cooking Active service nairrk 0 223 09-29-2017, 08:53 AM
Last Post: nairrk
  DTH News: Dish TV ties up with ABP Ananda for Durga puja nairrk 0 138 09-28-2017, 07:48 AM
Last Post: nairrk
  DTH News: Dish TV launches Al-enabled Chatbot to offer customer support nairrk 0 262 09-14-2017, 09:16 AM
Last Post: nairrk
  DTH News: Dish TV has capex plan of Rs 800 cr in FY18 nairrk 0 231 08-31-2017, 09:44 AM
Last Post: nairrk
  DTH News: Dish TV moves TDSAT against Star Life OK name change & turning FTA nairrk 0 387 08-25-2017, 12:09 PM
Last Post: nairrk
  DTH News: Television viewership stable despite VoDs, says DISH TV exec nairrk 0 180 08-16-2017, 12:17 PM
Last Post: nairrk
  DTH News: Videocon d2h Q1 net subscriber adds slow, ARPU almost flat QoQ nairrk 0 189 07-31-2017, 09:27 AM
Last Post: nairrk

Forum Jump:


Users browsing this thread: 1 Guest(s)
Advertisement