Wednesday, 26 February 2025

BizAsia: Tata Play & Airtel Digital TV set to merge in India

Story from BizAsia:

Tata Group’s Tata Play and Bharti Group’s Airtel Digital TV are reportedly set to merge, as per Economic Times.

The merger would result in a combined entity valued at $1.6 billion, with Bharti Airtel holding a majority stake of 52%-55%, while Tata Play would retain the remaining share.

Tata Play is currently a 70:30 joint venture between Tata Sons and Disney.

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