MUMBAI (NewsRise) -- Reliance Industries' move to consolidate its media and distribution businesses into unit Network18 Media & Investments could be a prelude to billionaire Mukesh Ambani's plan to rope in an investor for the wireless business.
Earlier this week, the company said it will merge its TV18 Broadcast business with Network18, and maintain the cable and broadband businesses of Hathway Cable & Datacom and Den Networks, which it bought in 2018, as separate wholly owned subsidiaries of Network18.
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