DEN Networks
Television distribution company in India
From Wikipedia, the free encyclopedia
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]
 | |
| Company type | Public |
|---|---|
| BSE: 533137 NSE: DEN | |
| Industry | Telecommunications |
| Founded | 2007 |
| Headquarters | New Delhi, India[1] |
Key people | S.N.Sharma, CEO |
| Products | |
| Owner | Reliance Industries (78.62%)[2][3] |
| Website | dennetworks |
On 17 October 2018, Reliance Industries announced that it had acquired a 66% stake in DEN for ₹2,290 crore (US$270 million).[citation needed] 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]
