You Scod18 is an Indian cable television service provider based in Mumbai. It operates in Mumbai, Bangalore and Visakhapatnam. It is owned by You Telecom.[1] In 2008, Citigroup promoted Citigroup Venture Capital International (CVCI) acquired a controlling stake in cable distributor Scod 18 via Digital Outsourcing Pvt Ltd a subsidiary of You Telecom and renamed it You Scod 18.[2] In the same year, Indian businessman Tulsi Tanti bought a 49% stake in Digital Outsourcing Pvt Ltd, the company which operates under the You Scod18 brand.[3]
References
- ↑ Pantulu, C Chitti (22 May 2008). "You Telecom scripts Rs 700 cr spread". Sify.com. Archived from the original on 19 October 2010. Retrieved 6 December 2012.
- ↑ DAS, SIBABRATA (19 April 2008). "Citigroup's You Telecom acquires majority in Scod 18 to have cable presence in Mumbai". Indiantelevision.com. Retrieved 6 December 2012.
- ↑ "Tulsi Tanti picks up 49% stake in You Telecom arm". Reuters. 10 December 2008. Retrieved 6 December 2012.