DEN Networks
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Company type | Public |
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| BSE: 533137 NSE: DEN | |
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| Headquarters | New Delhi, India[1] |
Key people | S.N.Sharma, CEO |
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| Owner | Reliance Industries (78.62%)[2][3] |
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| Website | dennetworks |
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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.[4] In 2003, it stood as one of the three major cable distributors in India alongside Hathway and InCablenet.[5]
On 17 October 2018, Reliance Industries announced that it had acquired a 66% stake in DEN for ₹2,290 crore (US$240 million).[citation needed] At the time of the acquisition, DEN had 106,000 broadband subscribers.[4][6][7] The acquisition received approval from the Competition Commission of India in January 2019.[8] Reliance acquired an additional 12.05% stake in DEN in March 2019 taking its total stake in the company to 78.62%.[9][10]
References
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- ^ Page Module:Citation/CS1/styles.css has no content."(DEN): Contact Us". Den Networks. Archived from the original on 13 March 2013. Retrieved 1 February 2011.
- ^ Page Module:Citation/CS1/styles.css has no content."Reliance to buy majority stakes in Den Networks, Hathway Cable for Rs 5,230 crore". Economic Times. 18 October 2018.
- ^ Page Module:Citation/CS1/styles.css has no content."RIL To Merge TV18, Hathway And Den Networks With Network18". Retrieved 15 July 2020.
- ^ a b Page Module:Citation/CS1/styles.css has no content.Kapoor, Mudit (23 October 2018). "Reliance acquires 58.92% stake in Den Networks, 51.34% share in Hathway". Business Today. Archived from the original on 23 October 2018. Retrieved 15 January 2021.
- ^ Page Module:Citation/CS1/styles.css has no content.Kohli-Khandekar, Vanita (2003). The Indian Media Business. SAGE Publications. p. 67. ISBN 978-0-7619-9650-7.
- ^ Page Module:Citation/CS1/styles.css has no content.Reliance (17 October 2018). "Reliance Media Release". ril.com. Archived from the original (PDF) on 11 January 2019. Retrieved 11 January 2019.
- ^ Page Module:Citation/CS1/styles.css has no content.Kundu, Rhik (19 October 2018). "What Hathway and Den deals mean for Reliance Jio". Mint. Retrieved 7 April 2019.
- ^ Page Module:Citation/CS1/styles.css has no content.Laghate, Gaurav (22 January 2019). "Reliance Industries gets CCI nod to acquire Hathway, DEN". The Economic Times. Retrieved 7 April 2019.
- ^ Page Module:Citation/CS1/styles.css has no content."Reliance Jio acquires another 12% of Den Networks". Indian Television Dot Com. 9 March 2019. Retrieved 7 April 2019.
- ^ Page Module:Citation/CS1/styles.css has no content."Reliance increases shareholding in DEN, Hathway, GTPL through open offer". TelevisionPost. 11 March 2019. Archived from the original on 7 April 2019. Retrieved 7 April 2019.
External links
- No URL found. Please specify a URL here or add one to Wikidata.
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