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Bharti Airtel gets FDI clearance to offload 20% stake in DTH unit to Warburg Pincus

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NEW DELHI: Bharti Airtel has received FDI clearance from the government for sale of 20 per cent stake in its DTH arm Bharti Telemedia to Warburg Pincus for USD 350 million, a source said.

The source privy to the development said that the Foreign Direct Investment (FDI) approval has been received for the deal, which was announced in December 2017.

When contacted, a Bharti Airtel spokesperson declined to comment on the matter.

According to the contours of the deal announced in late 2017, Bharti Airtel will sell its 15 per cent stake in direct-to-home arm, and the balance will be sold by another Bharti entity, which holds 5 per cent stake in the company.

The approval comes at a time when competition in the market is heating up — Reliance Jio has already announced it will offer a Set Top Box for TV when it launches ultra-high speed fibre-based broadband services.

Market watchers have said that Jio’s aggressive offerings will pose a “serious competition” to TV distributors on both the DTH and cable side, putting further pressure on falling average revenue per user.

Source: Press Trust of India

5g

DISH chooses Nokia cloud-native, 5G standalone Core software

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NEW DELHI: Nokia today announced that DISH Network has chosen Nokia’s cloud-native, standalone Core software products to help it build the most advanced, disruptive, fully-automated, cloud-native 5G network in the U.S. with high-level scale, performance, and efficiency.

The deal follows months of joint testing as Nokia and DISH proved their respective “any cloud” capabilities in multiple cloud environments, along with Nokia’s ability to integrate and deliver a fully cloud-native, containerized, end-to-end solution.

The agreement includes subscriber data management, device management, packet core, voice and data core, as well as integration services. Nokia will also deliver additional cloud-native products that will provide 4G, 5G standalone and Voice over Wi-Fi access to core network functions.

These products will provide DISH the speed, agility, intelligence, and security to deliver new 5G-era services, while cost-effectively managing its network with near zero-touch automation and adherence to Service Level Agreements.

Nokia leads the market in core network deployments, with 25 of the top 40 communication service providers relying on Nokia Core network products.

Marc Rouanne, DISH Chief Network Officer, said: “This is an important step in bringing to life DISH’s plans to deliver the first open, agile, virtualized 5G network in the U.S. Nokia’s new release is cloud-native, standalone and ready for full automation, providing DISH the software capabilities required to deliver thousands of network slices with low latency and SLA on demand.”

Bhaskar Gorti, President of Nokia Software and Nokia Chief Digital Officer, said: “The benefits of Nokia’s industry-leading, cloud-native standalone 5G Core products built on our proven Common Software Foundation — near-zero-touch automation capabilities, high-level operational efficiencies, scale and performance – continue to set us apart from the competition. DISH has great ambition and we are both excited and laser-focused on helping them deliver on that.”

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DTH

Airtel launches-Airtel Xstream Bundle

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NEW DELHI: To change entertainment forever, Airtel today announced the launch of its new Airtel Xstream Bundle.

The Airtel Xstream Bundle combines the power of Airtel Xstream Fiber with speeds upto 1 Gbps, Unlimited Data, the first of its kind Airtel Xstream Android 4K TV Box and access to all OTT content. Entertainment in India will no longer be the same.

Unlimited Entertainment
• All Airtel Xstream Fiber plans now include the Airtel Xstream Box worth Rs 3999 that makes any TV a smart TV. Customers get access to all LIVE TV channels plus the best of video streaming apps effectively eliminating the need for multiple entertainment devices at home. This Android 9.0 powered smart box comes with an intelligent remote supported by Google Assistant voice search, access to thousands of apps on Playstore and also offers online gaming.

• Airtel Xstream Android 4K TV Box offers 550 TV channels and OTT content from the Airtel Xstream app that includes over 10,000 movies & shows aggregated across 7 OTT apps and 5 studios into one seamless experience.

• What is more, The Airtel Xstream bundle offers complimentary access to premier video streaming apps such as Disney+ Hotstar, Amazon Prime Video and ZEE5, all accessible through the Airtel Xstream Box.

Unlimited Data to binge on Unlimited Entertainment
• All Airtel Xstream Fiber plans now come with Unlimited Data allowances. Customers no longer have to worry about running out of their data allowances, while bingeing on high quality digital content over the Airtel Xstream Box.

• To drive penetration of home broadband in India Airtel is today making broadband even more affordable. X stream Fiber plans will now start at just Rs 499 and will come with the proven network reliability, trust and superior customer support from Airtel.

The New Airtel Xstream Bundle

 

  Rs 499 Rs 799 Rs 999 Rs 1499 Rs 3999
 

Speed

 

 

40 Mbps

 

100 Mbps

 

200 Mbps

 

300 Mbps

 

1 Gbps

 

Data

 

U N L I M I T E D

 

 

Calls

 

 

U N L I M I T E D

 

Airtel Xstream 4K TV Box

 

I N C L U D E D

 

 

OTT

Content on Airtel Xstream 4K TV Box  

 

Airtel Xstream: 10,000+ movies, shows and original series from 7 OTT apps and       5 Studios

 

 

Airtel Xstream: 10,000+ movies, shows and original series from 7 OTT apps and 5 Studios

&

Disney+ Hotstar, Amazon Prime Video, ZEE5

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DTH

Tata Sky’s partner Technicolor to move their Set-Top Box manufacturing to India

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NEW DELHI: In a big move which furthers the Make in India ambition, Tata Sky, India’s Pay TV platform with most subscribers, has decided to shift a significant portion of its Set-top box sourcing to within the country.

The leading DTH player has partnered with Technicolor to develop Set-Top Boxes for the Indian market that will be manufactured and distributed within India.

On this occasion, Harit Nagpal, MD & CEO of Tata Sky said, “As the world adjusts to the rapid changes emerging due to the recent effects of the COVID-19 pandemic, Tata Sky and Technicolor Connected Home are realigning production of a group of set-top boxes (STBs) to India by early 2021.”

The shift in production and supply chain operations, according to the two companies, will streamline the manufacture and delivery of STBs to consumers in India, and further strengthen the longstanding collaboration that has been in place between Technicolor and Tata Sky.

“Working with Tata Sky to move set-top box production to India will better serve this important market. It is yet another example of Technicolor’s best-in-class supply chain, which remains flexible and adaptable. This is especially valuable in volatile situations, such as those created by COVID-19. Our supply chain capabilities have proven to be a strategic asset as we offer multiple options to our customers. We remain committed to minimizing risk and total cost of ownership for services providers around the world,” says Luis Martinez-Amago, President of Technicolor Connected Home.

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