DEN Networks

DEN Networks Limited is an Indian cable television and broadband service provider company in India. It is owned by Sameer Manchanda and was acquired by Reliance Industries in 2018 along with Hathway.^[4] In 2003, it stood as one of the three major cable distributors in India alongside Hathway and InCablenet.^[5]

DEN Networks Limited

Company type	Public
Traded as	BSE: 533137 NSE: DEN
Industry	Telecommunications
Founded	2007
Headquarters	New Delhi, India[1]
Key people	S.N.Sharma, CEO
Products	FTTH Cable television Broadband Internet service
Owner	Reliance Industries (78.62%)[2][3]
Website	dennetworks.com

On 17 October 2018, Reliance Industries announced that it had acquired a 66% stake in DEN for ₹2,290 crore (US$270 million).^{[citation needed]} The shares would be held through multiple Reliance subsidiaries including Jio Futuristic Digital Holdings Private Limited, Jio Digital Distribution Holdings Private Limited, Jio Television Distribution Holdings Private Limited, Reliance Industries Limited Digital Media Distribution Trust, Reliance Content Distribution Limited and Reliance Industrial Investments and Holdings Limited.^{[citation needed]} At the time of the acquisition, DEN had 106,000 broadband subscribers.^[6][7][8] The acquisition received approval from the Competition Commission of India in January 2019.^[9] Reliance acquired an additional 12.05% stake in DEN in March 2019 taking its total stake in the company to 78.62%.^[10][11]