The Indian press is reporting that Reliance Digital TV, an Indian DTH player with 6 million subs, might be selling out to one of India’s regional DTH players, Sun Direct.

Discussions are said to be at an advanced stage. Sun Direct has more than 8 million subscribers. If the deal goes through it will leapfrog to become India’s second-largest DTH operator behind Dish TV (which has some 14.7 million subs).

Reliance Digital TV is backed by Anil Ambani, one of the two – frequently squabbling – Ambani brothers.

While this deal is unexpected there has long been an anticipation that India’s DTH market is over-crowded and that consolidation would happen.

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Categories: Articles, Business, DTH/Satellite, M&A