Good news for Mukesh Ambani as Sunil Mittal’s Bharti Airtel and Ratan Tata call off massive deal in…

Update on Bharti Airtel and Ratan Tata’s DTH merger: In a significant development impacting the direct-to-home (DTH) business, Sunil Mittal-led telecom services provider Bharti Airtel and Ratan Tata’s Tata Group have decided to terminate their discussions for the merger of their direct-to-home (DTH) business. According to a Bombay Stock Exchange (BSE) filing, Airtel has said that they could not  was because the two sides were not able to find a satisfactory resolution.

“This is in reference to our intimation dated February 26, 2025, wherein the company informed that it is in bilateral discussions with TATA Group to explore a potential combination of TATA Group’s Direct To Home (‘DTH’) business housed under Tata Play Limited with Bharti Telemedia Limited, a subsidiary of the company,” Airtel has said.

“In this regard, we wish to inform you that after not being able to find a satisfactory resolution, the parties have mutually decided to terminate the discussions,” Airtel added.

Good news for Mukesh Ambani

The Bharti Airtel and Ratan Tata’s DTH merger cancellation is expected to benefit Mukesh Ambani as Reliance Jio also has a deep routed DTH connection services across the country.

Update from Sunil Mittal-led Bharti Airtel

On February 26, Sunil Mittal-led telecom services provider Bharti Airtel had said it was in talks with Tata Group for a merger of its loss-making direct-to-home (DTH) business.

Airtel was holding discussions with the salt-to-software conglomerate for a merger of Bharti Telemedia, which offers cable and satellite television services, with Tata Play, the regulatory filing earlier this year said.

“We wish to submit that Bharti Airtel and Tata Group are in bilateral discussions to explore a potential transaction to achieve a combination of Tata Group’s DTH business housed under Tata Play Ltd, with Bharti Telemedia, a subsidiary of Airtel, in a structure acceptable to all parties,” it had then stated.

The specific details were not shared at that point. If completed, this would have been the second merger in the DTH sector after the Dish TV-Videocon d2h merger in 2016.

(With inputs from agencies)

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