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After placing its film exhibition and processing business Reliance Media Works and FM radio and outdoor advertising business Reliance Media World under separate listed entities, Anil Ambani's Reliance Anil Dhirubhai Ambani Group (ADAG) may soon hive off its DTH and IPTV under a new entity—Reliance Digital Works (RDW).
Currently, the group operates its DTH business under the brand name Reliance Big TV, which is a subsidiary of Reliance Communications. RDW, that has existed for some time now, is expected to initiate the process of demerger from RComm soon. RDW may also become the group's launch vehicle in the cable distribution business, industry sources said.
Currently, the group operates its DTH business under the brand name Reliance Big TV, which is a subsidiary of Reliance Communications. RDW, that has existed for some time now, is expected to initiate the process of demerger from RComm soon. RDW may also become the group's launch vehicle in the cable distribution business, industry sources said.