{"id":86669,"date":"2010-07-14T23:06:09","date_gmt":"2010-07-14T15:06:09","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/indian-mobile-operator-rcom-acquires-digicable\/"},"modified":"2010-07-14T23:06:09","modified_gmt":"2010-07-14T15:06:09","slug":"indian-mobile-operator-rcom-acquires-digicable","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/indian-mobile-operator-rcom-acquires-digicable\/","title":{"rendered":"Indian Mobile Operator RCom Acquires Digicable"},"content":{"rendered":"<p>Indian mobile network operator <strong>Reliance Communications <\/strong>(RCom)  has agreed to acquire cable television distribution firm <strong>Digicable<\/strong>  in an all-stock deal, the companies announced July 6. <br \/>\n&nbsp;&nbsp;&nbsp; RCom will merge its retail broadband, IPTV and satellite DTH  services with Digicable. The combined entity, worth approximately $1  billion, will be renamed Reliance DigiCom and hold a subscriber base of  about 11 million homes.&nbsp;&nbsp; The newly formed company will then roll out a  broadcast offering with more than 500 digital and 100 HDTV channels,  IPTV, video-on-demand and gaming services. Following the purchase,  RCom\u2019s majority owner <strong>Reliance Anil Dhirubhai Ambani Group<\/strong>  will spin off its DTH division, Reliance Big TV, into Reliance DigiCom.  <br \/>\n&nbsp;&nbsp;&nbsp; \u201cWith this game-changing move, we hope to lead the next revolution  in digital home entertainment in India. Part of RCom\u2019s plans for the new  company include upgrading Digicable\u2019s infrastructure to offer  cable-based broadband Internet access,\u201d RCom Chairman Anil Ambani said  in a statement. <br \/>\n&nbsp;&nbsp;&nbsp; RCom will hold a 60 percent interest in the new entity. Ashmore, a  private equity fund, will own the remaining shares.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian mobile network operator Reliance Communications (RCom) has agreed to acquire cable television distribution firm Digicable in an all-stock deal, the companies announced July 6. &nbsp;&nbsp;&nbsp; RCom will merge its retail broadband, IPTV and satellite DTH services with Digicable. The combined entity, worth approximately $1 billion, will be renamed Reliance DigiCom and hold a subscriber [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-86669","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86669"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=86669"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86669\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=86669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=86669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=86669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}