Anil Ambani-controlled Reliance Communications (RCOM) is planning to hive off its direct-to-home (DTH) business under Reliance Digital TV as it seeks to cut debt through sale of non-core assets.
A wholly owned subsidiary of RCOM, Reliance Digital TV has the lowest market share in the DTH hierarchy. Earlier efforts to offload stake in the DTH arm have been unsuccessful.
In contrast to other DTH players, Reliance Digital TV has not been aggressive on customer acquisition. Instead, the...
Reliance Communications plans to hive off DTH biz to pare debt
A wholly owned subsidiary of RCOM, Reliance Digital TV has the lowest market share in the DTH hierarchy. Earlier efforts to offload stake in the DTH arm have been unsuccessful.
In contrast to other DTH players, Reliance Digital TV has not been aggressive on customer acquisition. Instead, the...
Reliance Communications plans to hive off DTH biz to pare debt