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On 11 November 2016, the Board of Directors of Videocon d2h and Dish TV agreed to an all-stock merger of their DTH operations. The merger has created the largest DTH provider in India with a total valuation of ₹17,000 crore (US$2.4 billion). The merged entity will be called Dish TV Videocon Limited. Dish TV will hold a 55.4% stake in the merged entity, while Videocon d2h will own the remaining shares
