Interaction with Director of Reliance Big TV, Vijender Singh

By: Gizbot Video Team
Published : March 19, 2018, 12:40

After acquiring Reliance BIG TV Limited (RBTV) last year in November, Pantel Technologies the new owner of Direct to Home (DTH) service is now planning to re-brand the company in next 10 days."We are making the plan and will submit the proposal to the ministry also," Director of Reliance Big TV, Vijender Singh told Gizbot in an exclusive interaction. Adding to that, we will change the name in next 10 days."We want to keep it Independent in this Independent India," he replied when asked about the name they are considering.Reliance Communications Limited (RCOM) has entered into a binding Share Purchase Agreement with Pantel Technologies Pvt Limited and Veecon Media & Television Limited for sale of its subsidiary RBTV, engaged in the business of DTH services across India.The transaction will help to reduce the liability of unsecured creditors, benefiting all stakeholders, including lenders and shareholders of RCOM. The transaction is in consonance with RCOM's stated objective to focus on B2B businesses of the new RCOM

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