Tata Play and Airtel Digital TV plan merger as DTH market struggles: ET

Bharti Airtel is reportedly merging its DTH arm, Airtel Digital TV, with Tata Play in a share swap deal, with Airtel set to carry a majority 52-55% stake. Tata Play’s present shareholders, together with Tata Sons and Walt Disney, will retain 45-48%. The merger goals to strengthen Airtel’s broadband and leisure portfolio by integrating telecom, […]

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