Advertisement


Advertisement

Thread Rating:
  • 6 Vote(s) - 3 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Big TV will be spin off by ADAG into a special purpose
Advertisement
#1
Quote:The Anil Dhirubhai Ambani Group (ADAG) company will spin off its direct-to-home (DTH) television service called Big TV into a special purpose vehicle in which Digicable will also be housed, the banker said.

RCOM will hold 60% in the special purpose vehicle, while Ashmore, a private equity fund, Jagjit Singh Kohli, the managing director and chief executive of Digicable and Yogesh Shah the joint MD will own the remaining stake, the banker said. Mr Kohli, earlier, was heading Wire and Wireless India, an Essel group digital cable distribution company, that was demerged from Zee Telefilms in 2006. Reliance Communications(RCOM) is likely to acquire privately-held cable television company Digicable in a cashless deal, an investment banker familiar with developments told ET.
Reliance Big TV, that has recently seen a plateau in subscriber additions, will get access to a ground digital cable distribution network to compliment its satellite distribution. Digicable has also applied for a licence to distribute cable TV via a technology called Headend-in-the-Sky, or HITS, which will prove beneficial to Big TV.

RCOM already emits signal from a satellite which can be collected by a large dish, or the headend. The signal can then be decrypted at low-cost cable stations and distributed to individual houses. It also gives Big TV an edge over numerous DTH operators that have mushroomed over the past couple of years.

Full Story
Reply
Thanks given by:
Advertisement
Advertisement




Possibly Related Threads...
Thread Author Replies Views Last Post
  Breaking News: Cricket Special Offer adithya 0 976 02-03-2015, 03:51 PM
Last Post: adithya
  General News: Enjoy Soups and Sauces special this month on iCooking Niraj 1 799 03-05-2013, 05:23 PM
Last Post: MAHI
  Neo Sports entitled to 7% hike in subscription fee: TDSAT to ADAG’s Big TV IndianDTH 0 570 01-04-2013, 05:20 PM
Last Post: IndianDTH
  Neo Sports entitled to 7% hike in subscription fee: TDSAT to ADAG’s Big TV IndianDTH 0 1,079 05-01-2012, 04:15 PM
Last Post: IndianDTH
  Help: Reliance ADAG to sell up to 49% in DTH business Sathish 0 1,918 08-29-2011, 02:25 PM
Last Post: Sathish
  Reliance BIG TV HD DVR now available at a special festival pricing Sathish 0 1,251 08-17-2010, 02:11 PM
Last Post: Sathish
  Reliance BIG TV launches special in-shop campaign cum Advanced Digital Video recording box Sathish 4 1,981 06-15-2010, 09:37 PM
Last Post: ravibudhwar
  R-ADAG says no to ads on SET Max Sathish 1 1,348 05-13-2010, 11:40 AM
Last Post: Rdev
  ADAG looks at direct sales to boost revenues Mr.Bhat 0 1,137 02-23-2010, 12:34 PM
Last Post: Mr.Bhat
  On Children Day, Special movie by Reliance BIG TV Sathish 0 1,052 11-12-2009, 01:12 PM
Last Post: Sathish

Forum Jump:


Users browsing this thread: 1 Guest(s)
Advertisement