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Reliance to sell 11.61 per cent stake in Hathway

Reliance Industries is preparing to sell 11.61 per cent of its stake in Hathway Cable & Datacom to comply with SEBI’s minimum public holding norms. Through offers for sale (OFS), Reliance plans to offload Hathway shares worth Rs 442 crore, bringing down its holding in the cable company to 75...

Cable TV Local Cable Operators
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Den Networks calls off merger with Hathway, TV18

Multi-system operator Den networks has decided not to proceed with the scheme under which TV18 Broadcast, Hathway Cable & Datacom and Den Networks were to merge into Network18 Media & Investments.

Cable TV Local Cable Operators
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RIL to sell stakes in Den, Hathway for Rs 1,122 crore

NEW DELHI: Reliance Industries Ltd (RIL) is getting ready to divest its shares in Den Networks and Hathway Cable through offers for sale (OFS) in compliance with the minimum public holding norms laid down by the Securities and Exchanges Board of India (SEBI). RIL will sell its stakes in Den and...

Cable TV Local Cable Operators
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Jio maintains lead in wired broadband subscriber addition

KOLKATA: The growth of home broadband users in India continues as it gains 3.8 lakh (0.38 million) subscribers in January 2021 to reach a base of 22.67 million. Among the top players, Mukesh Ambani-led Jio has maintained its lead in subscriber addition with 1.8 lakh new users, according to telecom...

iWorld Broadband
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Wired broadband subscriber base grows 16% in 2020, Jio is top gainer

KOLKATA: As the Telecom Subscription Data by the Telecom Regulatory Authority of India (TRAI) indicates, the wired broadband segment has seen adequate growth in 2020 by adding 31.5 lakh new subscribers to reach an overall 22.29 million subscribers in December 2020. In the last few months, the...

iWorld Broadband