Airtel and Tata in Talks for DTH Merger

• Bharti Airtel and Tata Group are in discussions to merge Tata Play with Bharti Telemedia.
• The merger aims to boost Airtel’s non-mobile revenues through convergence.
• Airtel will hold a majority stake of around 52-55% in the combined entity.
• The combined entity will be managed by Airtel’s senior management, with Tata seeking two board seats.
• The merger is valued at around Rs 6,000-7,000 crore and will support Airtel’s triple play strategy.

Source: The Economic Times, The Times Of India