Reliance Communications (RCom) is considering acquiring cable TV firm Digicable, according to local reports.
India’s second largest mobile operator, which has been at the centre of relentless M&A speculation in recent weeks, could look to secure…
Reliance Communications (RCom) is considering acquiring cable TV firm Digicable, according to local reports.
India’s second largest mobile operator, which has been at the centre of relentless M&A speculation in recent weeks, could look to secure Digicable in a cashless deal that would combine RCom ‘s DTH subsidiary Big TV with Digicable.
According to The Economic Times, private equity firm Ashmore would also take a stake in the combined entity, which would be 60% owned by RCom.
