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News Digest: BSNL 3G, Den Networks, Aircel, EROS, BS, Playboy

BSNL's 3G Roll Outs The first phase of 3G roll outs by BSNL will be completed by 2010-2011, the company announced; 111 of the total 760 cities and towns will be covered with an investment of Rs.2,700 crore in this phase. The telco, though given a headstart on 3G, has only managed to acquire 13,000 subscribers so far. Meanwhile, the other PSU telco MTNL, which has launched 3G 'Jadoo'  in Mumbai and Delhi will be adding 750, 000 lines in both cities. (WorldLatestNews) Related: BSNL FY09 Profit Down 30 Times, Restructuring Plans, 3G Tender, WiMAX Cable Co Den Networks To Go Public For the first time in India, a cable TV network is going in for an IPO. Rajkot based Digital Entertainment Networks (DEN) is a pan-India cable TV network with 10 million subscribers. DEN, which entered the digital cable market early in 2008, was founded by Raghav Bahl, promoter and managing director, Network18 and is promoted by Sameer Manchanda, joint managing director, IBN18. Others on its team are Anuj Gandhi, S.N. Sharma and Vikas Bali. It hopes to raise Rs. 5000 million from the IPO proceeds and its share capital will be diluted by 15-20%. (Television Point) Aircel Seeks To Sell Its Towers Tower companies American Tower (in India through XCEL Telecom), Bharti Infratel, Tata-Quippo and Crown Castle International have been shortlisted by the new telco as potential buyers for a part or the whole passive network infrastructure it owns.  The Maxis-owned operator was previously in talks with Tata-Quippo for…

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