Company type | Public company |
---|---|
BSE: 533137 NSE: DEN | |
Industry | Telecommunications, Broadcasting |
Founded | 2007 |
Headquarters | New Delhi, India [1] |
Key people | S.N.Sharma, CEO, Satyendra Jindal CFO, RAJ S. COO |
Products | Cable television, DEN Broadband |
Owner | Reliance Industries (74.9%) [2] [3] |
Website | Official Website |
DEN Networks Limited is a cable television distribution 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$290 million). The shares would be held through multiple Reliance subsidiaries including Jio Futuristic Digital Holdings Private Limited, Jio Digital Distribution Holdings Private Limited, Jio Television Distribution Holdings Private Limited, Reliance Industries Limited Digital Media Distribution Trust, Reliance Content Distribution Limited and Reliance Industrial Investments and Holdings Limited. At the time of the acquisition, DEN had 106,000 broadband subscribers. [6] [7] [8] The acquisition received approval from the Competition Commission of India in January 2019. [9] Reliance acquired an additional 12.05% stake in DEN in March 2019 taking its total stake in the company to 78.62%. [10] [11]
India's telecommunication network is the second largest in the world by number of telephone users with 1179.49 million subscribers as on 31 January 2021. It has one of the lowest call tariffs in the world enabled by mega telecom operators and hyper-competition among them. India has the world's second-largest Internet user-base with 747.41 million broadband internet subscribers.
Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports. The company has relatively little free cash flow and high corporate debt.
Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. It has an estimated debt of ₹500 billion against assets worth ₹180 billion.
Zee Entertainment Enterprises (ZEEL) is an Indian media conglomerate. Headquartered in Mumbai, it has interests in television, print, internet, film, and businesses related to mobile content, and operates 45 channels worldwide.
Mukesh Dhirubhai Ambani is an Indian billionaire businessman. He is the chairman and managing director of Reliance Industries, India's most valuable company by market value. With an estimated net worth of $112.1 billion according to Forbes as of February 2024, he is the richest person in Asia and 11th richest in the world. Sometimes characterized as a plutocrat; he has attracted both fame and notoriety for reports of market manipulation, political corruption, cronyism, and exploitation. Time magazine listed him as one of the 100 most influential people of 2019, under the "Titans" section.
Reliance Capital Limited is an Indian diversified financial services holding company promoted by Reliance Anil Dhirubhai Ambani Group. Reliance Capital, a constituent of Nifty Midcap 50 and MSCI Global Small Cap Index, is a part of the Reliance Group. It is amongst India's leading and most valuable financial services companies in the private sector. As on 31 March 2017, the net worth of the company stood at ₹16,548 crore, while its total assets as on the date stood at ₹82,209 crore. In Fortune India 500 list of 2018, Reliance Capital was ranked as the 77th largest corporation in India with 5th rank in 'Non-Banking Finance' category.
Hathway Cable & Datacom Ltd, formerly BITV Cable Networks, is an Indian cable television service operator based in Mumbai. It was the first company to provide Internet using the CATV network in India, and the first cable operator to launch a digital platform in 2006. Hathway Broadband Internet was the first cable ISP in India. Business India Television (BITV) Cable Networks Pvt Ltd was acquired by Hathway in 1999. As of 2007, the company had a 51% stake in Bhupendran Bhaskar Multinet and a 50% stake in Gujarat Telelinks Pvt Ltd (GTPL). In 2011, Hathway GTPL entered Assam with an MoM with V&S Cable Pvt Ltd, and started operations in West Bengal as they acquired KCBPL to create a subsidiary, GTPLKCBPL, responsible for providing services in West Bengal.
Jio-bp, or legally Reliance BP Mobility Limited, formally known as Reliance Petroleum is an Indian petroleum company that specializes in oil and energy, owned by Mukesh Ambani of Reliance Industries Limited (RIL), one of India's largest private sector companies. It is based in Ahmedabad, Gujarat, India and has interests in the downstream oil business. RPL was merged with Reliance Industries Limited on 29 September 2009.
Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its Voice over LTE (VoLTE) technology across all Indian telecom circles. It is the second largest mobile network operator in India and the second largest mobile network operator in the world. Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.
Network18 Media & Investments Limited, commonly referred to as the Network18 Group and sometimes as the Network18–Eenadu Group, is an Indian media conglomerate owned by the energy giant Reliance Industries, headed by billionaire Mukesh Ambani. Rahul Joshi is the managing director, chief executive officer and group editor-in-chief of Network18, and Adil Zainulbhai is the chairman of its board of directors.
Viacom18 Media Private Limited is an Indian media company based in Mumbai, India. Founded as a joint venture between TV18 and Viacom, since 2014 the TV18 has been the majority shareholder in the company since April 2023, with Paramount Networks EMEAA and Bodhi Tree Systems owning minority stakes. It was founded in 2007 and owns various channels, as well as content production studios in India.
Essel Group, is an Indian multinational conglomerate holding company and corporate promoter headquartered in Mumbai, Maharashtra, India. The company has had business interests in mass media, infrastructure and packaging. It operates the subsidiary of Zee Media Corporation.
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Disney Star, formerly known as Star India, is an Indian media conglomerate owned by Disney India, which is the Indian regional subsidiary of The Walt Disney Company. Headquartered in Mumbai, Maharashtra, Disney Star runs more than 70 television channels in eight languages, reaching out to 9 out of 10 cable and satellite television homes in India. The network reaches approximately 790 million viewers a month across India and more than 100 countries. Disney Star generates more than 30,000 hours of content every year. Disney Star is the largest television and entertainment network in India.
Reliance Jio Infocomm Limited, doing business as Jio, is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai, Maharashtra. It operates a national LTE network with coverage across all 22 telecom circles. Jio offers 4G and 4G+ services all over India and 5G service in many cities. Its 6G service is in the works.
Haptik is an Indian enterprise conversational AI platform founded in August 2013, and acquired by Reliance Industries Limited in 2019. The company develops technology to enable enterprises to build conversational AI systems that allow users to converse with applications and electronic devices in free-format, natural language, using speech or text. The company has been accorded numerous accolades including the Frost & Sullivan Award, NASSCOM's Al Game Changer Award, and serves Fortune 500 brands globally in industries such as financial, insurance, healthcare, technology and communications.
Jio Platforms is an Indian multinational technology company, headquartered in Mumbai, Maharashtra, India. It is a subsidiary of Reliance Industries. Established in 2019, it acts as a holding company for India's largest mobile network operator, Jio, and other digital businesses of Reliance.
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