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Den Network to demerge its broadband business into wholly owned subsidiary

10 Feb 2016 Evaluate

Den Network is planning to demerge its broadband business into a wholly owned subsidiary. The company is also looking to demerge cable business of its 23 subsidiaries companies and merge them into itself. In this regard, the company has received its board’s approval at the meeting held on February 9, 2016.

Den Networks is India’s leading cable TV Distribution Company reaching an estimated 13 million households in over 200 cities. The company has been one of the frontrunners in the cable TV digitization process and has over 5.7 million digital cable subscribers. DEN is present in 13 key states across India.

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