NEW DELHI: Bharti Airtel on Wednesday said the company is in “bilateral discussions” to work out a potential transaction to acquire the Tata group’s DTH business. “Bharti Airtel and Tata Group are in bilateral discussions to explore a potential transaction to achieve a combination of Tata Group’s DTH business housed under Tata Play, with Bharti Telemedia, a subsidiary of Airtel, in a structure acceptable to all parties,” the company said.
The company added that the talks are at a “discussion stage only.” The move comes years after Bharti Airtel had acquired consumer mobile business of Tata group.
In Oct 2017, Airtel had entered into an understanding to merge the consumer mobile businesses of Tata Teleservices and Tata Teleservices Maharashtra with itself.
According to Trai, active subscriber base of DTH witnessed a fall of 2.3 million consumers in Q3 of 2024 at around 60 million. numbers. Tata Play held the maximum share at 32%, with Bharti Telemedia at 29.4%, Dish TV at 19.5%, and Sun Direct TV at 19.1%.