1.186.123.207 at 08:33, 6 October 2021

2021-10-06T08:33:45Z

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{{Use Indian English|date=June 2014}}
{{Use dmy dates|date=June 2014}}
{{Infobox company
| name = DEN Networks Limited
| logo = DENNetworks.png
| logo_size = 250px
| type = Public company
| traded_as = {{BSE|533137}}<br />{{NSE|DEN}}
| foundation = 2007
| location = [[New Delhi]], [[India]]<ref>{{cite web |url=http://www.dennetworks.com/contact_us.html |title=(DEN): Contact Us |publisher=Den Networks |access-date=2011-02-01 |archive-url=https://web.archive.org/web/20130313115949/http://dennetworks.com/contact_us.html |archive-date=13 March 2013 |url-status=dead }}</ref>
| key_people = S.N.Sharma, CEO, Satyendra Jindal CFO
| industry = Telecommunications, Broadcasting
| services =
| products = [[Cable television]], DEN Broadband
| parent =
| owner = [[Reliance Jio]] (74.90)<ref>{{cite web |title=Reliance to buy majority stakes in Den Networks, Hathway Cable for Rs 5,230 crore |url=https://economictimes.indiatimes.com/markets/stocks/news/reliance-to-buy-majority-stakes-in-den-networks-hathway-cable-for-rs-5230-crore/articleshow/66263846.cms |website=Economic Times |date=18 October 2018}}</ref><ref>{{Cite news |title=RIL To Merge TV18, Hathway And Den Networks With Network18 |language=en |url=https://www.bloombergquint.com/business/ril-to-merge-tv18-hathway-and-den-networks-with-network18 |access-date=2020-07-15}}</ref>
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| num_employees =
| homepage = [http://www.dennetworks.com Official Website]
}}

'''DEN Networks Limited''' is a cable television distribution company in India. It is owned by Sameer Manchanda and was acquired by [[Reliance Industries]] in 2018 along with [[Hathway]].<ref>{{Cite web|last=Kapoor|first=Mudit|date=23 October 2018|title=Reliance acquires 58.92% stake in Den Networks, 51.34% share in Hathway|url=https://www.businesstoday.in/top-story/reliance-acquires-58.92-stake-in-den-networks-51.34-share-in-hathway/story/286130.html|url-status=live|archive-url=|archive-date=|access-date=2021-01-15|website=[[Business Today (India)|Business Today]]}}</ref> In 2003, it stood as one of the three major cable distributors in India alongside Hathway and InCablenet.<ref name=":3">{{Cite book|last=Kohli-Khandekar|first=Vanita|title=The Indian Media Business|publisher=[[SAGE Publications]]|year=2003|isbn=978-0-7619-9650-7|location=|pages=67|language=en}}</ref>

On 17 October 2018, Reliance Industries announced that it had acquired a 66% stake in DEN for {{INRConvert|2290|c}}. The shares would be held through multiple Reliance subsidiaries including Jio Futuristic Digital Holdings Private Limited, Jio Digital Distribution Holdings Private Limited, Jio Television Distribution Holdings Private Limited, Reliance Industries Limited Digital Media Distribution Trust, Reliance Content Distribution Limited and Reliance Industrial Investments and Holdings Limited. At the time of the acquisition, DEN had 106,000 broadband subscribers.<ref>{{cite web |title=Reliance acquires 58.92% stake in Den Networks, 51.34% share in Hathway |url=https://www.businesstoday.in/top-story/reliance-acquires-58.92-stake-in-den-networks-51.34-share-in-hathway/story/286130.html |website=Business Today |access-date=7 April 2019}}</ref><ref>{{cite web |author1=Reliance |title=Reliance Media Release|url=http://www.ril.com/getattachment/30b9a86d-eb92-4ac6-8a20-62fbbdef58b2/RIL-announces-strategic-investment-in-and-partners.aspx/idcplg?IdcService=GET_FILE&dDocName=APRODCT000702&RevisionSelectionMethod=Latest&Rendition=primary |website=ril.com |access-date=11 Jan 2019 |format=PDF |date=17 October 2018}}</ref><ref>{{cite web |last1=Kundu |first1=Rhik |title=What Hathway and Den deals mean for Reliance Jio |url=https://www.livemint.com/Companies/CbIho0Mzxon95xTKoUh2EL/What-Hathway-and-Den-deals-mean-for-Reliance-Jio.html |website=Mint |access-date=7 April 2019 |language=en |date=19 October 2018}}</ref> The acquisition received approval from the [[Competition Commission of India]] in January 2019.<ref>{{cite web |last1=Laghate |first1=Gaurav |title=Reliance Industries gets CCI nod to acquire Hathway, DEN |url=https://economictimes.indiatimes.com/markets/stocks/news/reliance-industries-gets-cci-nod-to-acquire-hathway-den/articleshow/67643807.cms |website=The Economic Times |access-date=7 April 2019 |date=22 January 2019}}</ref> Reliance acquired an additional 12.05% stake in DEN in March 2019 taking its total stake in the company to 78.62%.<ref>{{cite web |title=Reliance Jio acquires another 12% of Den Networks |url=http://www.indiantelevision.com/cable-tv/multi-system-operators/reliance-jio-acquires-another-12-of-den-networks-190309 |website=Indian Television Dot Com |access-date=7 April 2019 |language=en |date=9 March 2019}}</ref><ref>{{cite web |title=Reliance increases shareholding in DEN, Hathway, GTPL through open offer |url=https://www.televisionpost.com/reliance-increases-shareholding-in-den-hathway-gtpl-through-open-offer/ |website=TelevisionPost|access-date=7 April 2019 |date=11 March 2019}}</ref>

==References==
{{Reflist}}

==External links==
* {{Official website}}

{{Network 18}}
{{Reliance Industries Limited}}
{{Telecommunication companies of India}}
{{DTH in India}}
{{Star TV}}
{{CATV}}

[[Category:Companies based in New Delhi]]
[[Category:Internet service providers of India]]
[[Category:Cable television companies of India]]
[[Category:Reliance Media]]
[[Category:Indian companies established in 2007]]
[[Category:2007 establishments in Delhi]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

DEN Networks - Revision history

1.186.123.207 at 08:33, 6 October 2021