Close
Close

Published

Videocon debt derails Dish TV mega merger – is it temporary?

While the industry half expected India to whip up some legislation to block the country’s two largest satellite TV operators merging to create a pay TV monopoly, it recently came to light that another factor has caused the merger to stall, after Dish TV uncovered some serious financial problems inside the Videocon d2h operation. We feel this is likely to be a minor roadblock on the way to completing a deal, yet it raises two serious questions – how Videocon d2h managed to conceal its debt mountain from Dish TV for so long, and what would be the ramifications if Dish TV made the unlikely decision to scrap the deal altogether or drop the price offered dramatically? In a tumultuous…

Close