Business
23 Jun, 2026
GTPL Hathway to acquire ACT Group's cable TV business for Rs 36.23 cr
Business To Business, New Delhi, 23rd June, 2026: GTPL Hathway Ltd on Tuesday announced the acquisition of the cable television business of seven ACT Group companies for an aggregate cash consideration of ₹36.23 crore, as part of its strategy to strengthen and expand its cable TV operations.
According to a regulatory filing, the company has signed a Business Transfer Agreement (BTA) with the ACT Group entities to acquire their cable television businesses through a slump sale on a going-concern basis.
Companies Included in the Deal
The acquisition covers the cable TV operations of:
Strategic Rationale
The acquisition is expected to help GTPL Hathway:
- Expand its subscriber base
- Strengthen its cable television footprint
- Increase operational scale
- Enhance market presence in existing and new service areas
- Generate synergies in distribution and customer service
GTPL Hathway is one of India's leading cable TV and broadband service providers and is part of the broader Reliance Group ecosystem.
Industry Context
The cable television sector has been undergoing consolidation as operators seek greater scale amid changing consumer viewing habits, competition from streaming platforms, and the growing convergence of broadband and content services.
By acquiring established cable television networks from the ACT Group, GTPL Hathway aims to reinforce its position in the distribution market while leveraging existing infrastructure and customer relationships.
The transaction will be completed subject to the terms and conditions specified in the business transfer agreement and any applicable regulatory requirements.