Update Tata Sky in talks with private equity firms to raise up to Rs 1,800 crore post shelvi

NinadG

EntMnt Contributor
Finest Member
Atleast something Good for TS.......:thumbsup:
It seems SKY is frustrated now & not able to provide help to TS....
 

NinadG

EntMnt Contributor
Finest Member
yeah.....interesting to see how stakes would be diluted for equity infusion......
 

aumnamonarayan

EntMnt Contributor
''Company has been bleeding under high debt and slower sales pick-up'', waah dil ko sukoon milta hai yeh padh ke. Tata Sky never paid heed to our requests and kept doing what they want, as they say karma catches up and now they are suffering in the end.

Also this is the reason why they r now forced to take immediate/emergency steps to add bandwidth for channel addition. They r facing immense heat from digital cable, videocon d2h and airtel.

People r not buying connection of so called ''Premium DTH'' bcoz now they know that tata sky gives less channels and charges a bomb plus they have fights with broadcasters ( like they have with mastiii and neo) which again makes customers suffer. Tata Sky is like artificial gold jewellery which shines from the outside like gold but inside its just brass though tata sky charges for it according to price of diamond.

This was bound to happen one day, each day people r moving away from tata sky
 

NinadG

EntMnt Contributor
Finest Member
Never heard such shocking news about TS financial health.....
Seems desperate attempt by TS for getting capital....
 

aumnamonarayan

EntMnt Contributor
Ninad bro what do u expect if the company itself does not listen to the customers, obviously people will move out. Less channels, very costly, no signal mess created by upgrade process, degrading customer service, all these have led to their downfall.
 
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IndianMascot

Core Member
Other than Dish TV, none of the DTH have been able to make break even and loss making only.

So, nothing to worry. New addition of Tata Sky subscriber is same like remaining dth and nothing much to worry about.

Don't forget that it's a Tata Group company and they will find investor soon.

But the thing which is worrying is why d2h and Tata Sky both dropped the plan to file IPO. It seems that either govt policies were not friendly or dth operators have realised that IPO for dth could be fatal.
 

DashMajor

EntMnt Knight
Second thing I am looking this news in a positive manner and seems like Murdoch is ready to control 100% of TS through various black funded companies.
 

Deepu

EntMnt Legend
Finest Member
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