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Hathway Cable plans to invest Rs 1.75 bn in first phase of digitisation

Hathway Cable plans to invest Rs 1.75 bn in first phase of digitisation

MUMBAI: India’s leading multi-system operator (MSO) Hathway Cable & Datacom plans to invest Rs 1.75 billion in the first phase of digitisation even as it expects DTH to take away 10-15 per cent of its cable TV subscribers in the two lucrative markets of Delhi and Mumbai. Hathway has ordered 1.3 million digital set-top boxes (STBs) and signed a letter of intent for another 0.5 million STBs. “We estimate our subscriber universe to be 1.5 million (including 2nd TV) in Mumbai and Delhi. About 20 per cent of this will be second TV sets. We have a presence in Kolkata through our joint »»» 

Tamil Nadu’s Arasu cable TV mulls Chennai operations

Tamil Nadu’s Arasu cable TV mulls Chennai operations

Chennai, Nov 22 (IANS) The state-owned Tamil Nadu Arasu Cable TV Corporation (TNACTV) is exploring the feasibility of starting its services in the state capital and has sought details from multi-system operators (MSO) and Local Cable Operators (LCO). In a statement issued here Tuesday, the firm asked the MSOs and LCOs to furnish details such as equipment owned by them. The company said the information is sought so as to ‘enable this Corporation to examine the possibility of expanding the cable TV services in Chennai’. Breaking the monopoly enjoyed by Sun TV group in the cable TV services »»» 

Hathway Q2 net loss at Rs 103 mn

Hathway Q2 net loss at Rs 103 mn

MUMBAI: Hathway Cable & Datacom has posted a standalone net loss of Rs 103.18 million for the second quarter of this fiscal ended 30 September. The multi-system operator (MSO) had posted a profit of Rs 40.39 million in the same quarter of the previous year. Hathway’s total income stood at Rs 1.28 billion, a marginal dip over the year-ago period (Rs 1.3 billion). Total expense, however, rose to Rs 1.07 billion (from Rs 943.96 million in corresponding quarter of the previous fiscal). The payout to pay channels during the three-month period stood at Rs 345.6 million, compared to Rs 280.33 »»» 

Den Networks to invest Rs.1,000 crore on digital cable rollout in India

Den Networks to invest Rs.1,000 crore on digital cable rollout in India

Mumbai: Television cable service provider Den Networks plans to invest Rs1,000 crore over 3-4 years for rolling out digital cable networks in India, a senior official told Reuters on Monday. Last week, India approved an ordinance on digitization of cable network, in a move that boosted the prospects for cable television service providers and broadcasters. India had been working to amend broadcasting rules with a view to fast track complete digitization of cable broadcasting in the country. The ordinance was to mandate complete cable digitization in the top metro cities by 2012 and pan-India by »»» 

Pay TV holds promise; fragmentation, tech and high capex are hurdles: Punit Goenka

Pay TV holds promise; fragmentation, tech and high capex are hurdles: Punit Goenka

MUMBAI: The Indian pay TV market, which at present stands at Rs 240 billion, has huge growth potential as it is underpenetrated and the ARPU (average revenue per user) is very low. However, there are challenges like fragmentation in the cable industry, outdated technology and high capex requirements which are hindrance in the growth path. These were the thoughts expressed by Zee Entertainment Enterprises Ltd (Zeel) MD and CEO Punit Goenka while delivering the keynote address at the India Digital Pay-TV Summit (IDPS) 2011, organised here by Indiantelevision.com and MPA. Goenka warned that if the »»» 

Govt plans to raise FDI cap in DTH, IPTV and FM

Govt plans to raise FDI cap in DTH, IPTV and FM

NEW DELHI: The information and broadcasting ministry has proposed to increase foreign direct investment limit across media platforms — in direct-to home, internet protocol TV (IPTV), multi-system operators and FM radio — to bring in consistency, according to sources. The FDI in DTH, IPTV and MSO is likely to be raised from 49% to 74%, while the investment in FM radio will be increased from 20% to 26%. The proposal based on broadcast regulator Trai’s recommendations has been sent to the department of industrial policy and promotion (DIPP) under the ministry of commerce. Sources »»» 

NDS powers digital tv for 1 million hathway subscribers across india

NDS powers digital tv for 1 million hathway subscribers across india

NEW DELHI, INDIA – OCTOBER 1, 2010 – NDS, the leading provider of technology solutions for digital pay-TV, today announced that it is now powering one million digital TV connections for Hathway, India’s leading Multi System Operator (MSO). Hathway, the fastest growing MSO in India, has become the first to reach the digital subscriber milestone. The achievement also highlights the role of NDS in providing a technology framework that enables Hathway to continue to grow its subscriber base through innovative digital TV services and solutions. Hathway has established a reputation for being »»»