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The winners and losers as Reliance takes control of Hathway, Den to boost Jio

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The winners and losers as Reliance takes control of Hathway, Den to boost Jio
Mukesh Ambani | Credit: Reuters

India’s cable, broadcast and broadband companies could be in for an overhaul. Last week, Mukesh Ambani-led Reliance Industries Ltd (RIL) announced that it would acquire controlling stakes in two of India’s biggest cable & satellite networks — Hathway Cable and Datacom Ltd and DEN Networks Ltd — for Rs 5,230 crore ......

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