Talks between Airtel, Tata for DTH deal over
Bharti Airtel and Tata Group’s Tata Play have ended talks of a DTH merger which would have created the largest direct-to-home services entity in the country, the telco said in an exchange filing late Saturday night.
In February, Airtel had notified the exchanges that it was in active discussions with the Tata Group to acquire DTH and broadband services provider Tata Play. However, those in the know said that the two could not reach common ground on some crucial aspects of the deal, and hence the talks have been terminated.
