A PYMNTS Company

India: Airtel, Dish TV may merge operations creating worlds largest DTC company

By  |  December 11, 2019

Bharti Airtel, promoters of Dish TV, and private equity firm Warburg Pincus have agreed to merge direct-to-home (DTH) operations of Airtel and Dish after months of negotiations, a move that will create the world’s largest TV distribution company, the Economic Times reported that two people with direct knowledge of the development said. 

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The three parties are agreed on deal structure, wherein the DTH business of Dish TV India will be hived off and merged in Bharti Telemedia, which houses Airtel Digital TV, they said 

    They did not disclose likely financial details or shareholding pattern after the merger. “The final scheme of arrangement and other details are being worked on,” said one person.

    Full Content: Economic Times

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.