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DEN Networks

Television distribution company in India

Summary

Television distribution company in India

Field	Value
name	DEN Networks Limited
logo	DENNetworks.png
logo_size	250px
type	Public
traded_as

foundation	2007
location	New Delhi, India
key_people	S.N.Sharma, CEO
industry	Telecommunications
products
owner	Reliance Industries (78.62%)
homepage

DEN Networks Limited is an Indian cable television and broadband service provider company in India. It is owned by Sameer Manchanda and was acquired by Reliance Industries in 2018 along with Hathway. In 2003, it stood as one of the three major cable distributors in India alongside Hathway and InCablenet.

On 17 October 2018, Reliance Industries announced that it had acquired a 66% stake in DEN for . At the time of the acquisition, DEN had 106,000 broadband subscribers. The acquisition received approval from the Competition Commission of India in January 2019. Reliance acquired an additional 12.05% stake in DEN in March 2019 taking its total stake in the company to 78.62%.

References

"(DEN): Contact Us". Den Networks.
(18 October 2018). "Reliance to buy majority stakes in Den Networks, Hathway Cable for Rs 5,230 crore".
"RIL To Merge TV18, Hathway And Den Networks With Network18".
Kapoor, Mudit. (23 October 2018). "Reliance acquires 58.92% stake in Den Networks, 51.34% share in Hathway".
Kohli-Khandekar, Vanita. (2003). "The Indian Media Business". [[SAGE Publications]].
(23 October 2018). "Reliance acquires 58.92% stake in Den Networks, 51.34% share in Hathway".
(17 October 2018). "Reliance Media Release".
(19 October 2018). "What Hathway and Den deals mean for Reliance Jio".
(22 January 2019). "Reliance Industries gets CCI nod to acquire Hathway, DEN".
(9 March 2019). "Reliance Jio acquires another 12% of Den Networks".
(11 March 2019). "Reliance increases shareholding in DEN, Hathway, GTPL through open offer".

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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