All Entries Tagged With: "WWIL"
WWIL eyes Rs 3.4 bn revenue in FY’11
MUMBAI: Wire and Wireless (India) Ltd is targeting a revenue of Rs 3.4 billion and expects to be Ebitda positive for the full-fiscal, a source close to the company said. Fuelling this over 20 growth will be the MSO’s entry into new markets, a projected rise in carriage revenue and growth in subscription income. WWIL is setting up a joint venture company, Siti Vision, with a group of people who have strong ground control to revive its presence in Hyderabad. “WWIL will hold 51 per cent stake. The content has been tied up with the broadcasters and the cable TV service will launch in September. »»»
HITS finds no takers as MSOs await transponders and comprehensive policy
MUMBAI/NEW DELHI: On 31 March, Wire and Wireless (India) Ltd. ended its only Headend-In-The-Sky (HITS) service in the country after making no impact on the market, sinking in losses of over Rs 1 billion. Four months later, the scenario is no different and the technology that would have put digitisation on the fast track stands unused. Several multi-system operators (MSOs) have applied for a HITS licence but are not particularly enthused as they await a more comprehensive policy. “We want the government to allow the DTH signals to be used for HITS. This would save the sector from duplication of »»»
Strong profit visibility
The Rs 21,000-crore cable and satellite sector is likely to improve profitability on the back of higher subscriber base, lower costs and improving average revenue per user. The consolidation activity and the Telecom Regulatory Authority of India’s (Trai’s) recently-proposed norms on foreign direct investment in the cable and satellite sector could hasten corporatisation and make operations of service providers more profitable. The sector, which is currently dominated by the over 50,000 local cable operators, suffers revenue leakage due to under-reporting of subscriber numbers by operators. The »»»
DTH cos struggle to pick right signals
Recently it was reported that the six DTH players launched a marketing blitz costing Rs 1,000 crore. The idea is to hasten the adoption of digital TV in the country. While its impact on the financial fortunes of the DTH operators — most of whom are bleeding — is still a mystery, the move has brought a smile on the faces of cable companies. They believe that a marketing push by DTH operators touting the benefits of digital services over analogue may convince local cable operators and make customers switch to digital cable services. Den Networks, for instance, claims that the marketing campaign »»»
WWIL to feel Rs 1 bn pinch from HITS
MUMBAI: Wire and Wireless (India) Ltd. has suffered a loss of around Rs 1 billion from its Headend-In-The-Sky (HITS) operations and has suspended the service from 1 April as the government is yet to come out with tariff and content guidelines for the new delivery technology. WWIL, the first and the only cable TV operator to have launched the service, has invested over Rs 1.5 billion towards HITS. “We will revive HITS after the guidelines are in place and it is favourable for the industry. We would be losing about Rs 650 million in FY’10 from the HITS operations. Our total loss on HITS »»»
WWIL consumes Rs 2.12 bn from rights issue
MUMBAI: Wire and Wireless (India) Limited (WWIL) has mopped up Rs 2.12 billion from the first tranche of its Rs 4.5 billion rights issue. The remaining amount will pour in by March-end as the Subhash Chandra-promoted cable TV distribution company plans to go aggressive on its Headend-In-The-Sky (HITS) operations. “WWIL has utilised the entire Rs 2.12 billion. The company has repaid Rs 1.6 billion towards unsecured loans. Investment has also been made for HITS and some acquisitions,” WWIL CEO Sudhir Agarwal tells Indiantelevision.com. WWIL has invested Rs 1.5 billion for HITS and is »»»
Media: The wonder decade
Couch surfing has become more than passive television viewing over the past decade. Indian TV sets now have DVD-like picture quality with loads of value add-ons thanks to new technologies like DTH, CAS and IPTV. Idiot box goes digital The country has about 130 million television households, including 96 million Cable & Satellite (C&S) homes. As per TAM, average time spent watching television per day was 153 minutes in 2008 Direct-to-home (DTH): DTH consumers receive digital TV channels’ signals through satellite on their dish antennae which are then transmitted to TV through a set top »»»
