Technoglitch
Core Member
Harish Thawani-promoted Nimbus Communications continues to trim down operations of its sports business. Neo Sports Broadcast, a subsidiary of Nimbus Communications, has sold off its US subsidiary Neo Broadcast America to Willow TV, the largest cricket broadcaster in US and Canada.
The move is part of a restructuring exercise in order to focus on Neo's core market which is India and the subcontinent.
Neo Sports Broadcast COO Prasanna Krishnan confirmed the development to Indiantelevision.com without revealing the terms of the deal.
The move is part of a restructuring exercise in order to focus on Neo's core market which is India and the subcontinent.
Neo Sports Broadcast COO Prasanna Krishnan confirmed the development to Indiantelevision.com without revealing the terms of the deal.