IndusInd Media and Communications Ltd, the media subsidiary
company of Hinduja Ventures Ltd, is setting foot in Kolkata
through the acquisition route, ahead of the government's digitisation
has picked up 51 per cent stake in two cable networks - Hooghly-based
Advanced Multisystem Broadband Communications (AMBC) and Skyvision.
With this, the Hinduja-owned multi-system operator (MSO) will
have operations in three out of the four metros that fall
under the first phase of digitisation.
have acquired 51 per cent stake in AMBC and Skyvision as we
want to service Kolkata in the digitisation phase. We will
be expanding in the other main cities of West Bengal,"
IMCL chief executive officer Nagesh Chabria told Indiantelevision.com.