RComm may sell controlling stake in DTH biz to Sun Group: Sources

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RComm may sell controlling stake in DTH biz to Sun Group: Sources

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06-13-2013, 10:50 PM

RComm may sell controlling stake in DTH biz to Sun Group: Sources

Reliance Communication (RComm) may sell its controlling stake in DTH business to Sun Group, reports CNBC-TV18′s Kritika Saxena. No official comment has been received from both the companies, however according to sources, the two companies are in advance stages of discussion for the stake sale. If it goes through, the deal will look at merging [...]

http://www.indiandth.com/2013/06/rcomm-s...urces.html

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