Shearman & Sterling acted as international counsel to Indian direct-to-home service providers Dish TV and Videocon d2h (Vd2h) on their merger to form a new entity, Dish TV Videocon Ltd.
Dish TV Videocon will have revenue of about 59.16 billion rupees ($879.11 million) and net subscribers of 27.6 million, becoming the biggest player in India's fast-growing direct-to-home operator market.
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