Cable TV

Hathway receives shareholders nod for equity share split

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/cable_tv_images/2014/12/22/mso%20cable%20prirotiy2.jpg?itok=h6_FM6H-

BENGALURU:  Shareholders of Hathway Cable and Datacom Limited (Hathway) have voted in favour of a share split of the company’s equity shares of face value (FV) of Rs 10 each. The company had proposed splitting each equity share of FV of Rs 10 to 5 equity shares of face value of Rs 2 each. The board of directors of the company had passed the resolution at its meeting held on 13 November 2014.

Rathi and Associates, the scrutinizer of the ballot, in its report said that 101 postal ballot forms representing 1,103,011 equity shares and 69 e-voting confirmations representing 99,908,194 equity shares were received. Of these, 11 postal ballot/e-voting confirmations representing 2474 equity shares were invalid. Of the 159 net valid postal ballot forms/e-voting confirmations representing 101,008681 equity shares, 157 postal ballots/e-voting confirmations assented to the split, with 2 representing 50 shares dissenting.

Hathway has an authorised equity share capital of Rs 199.80 crore. The existing issued, subscribed, paid up share capital of the company is Rs 166,09,89,000 shares divided into 16,60,98,900 equity shares of FV of Rs 10 each.

The stock closed at Rs 333.35 per equity share of FV of Rs 10 at close of trading today (22 December 2014) in the BSE, up 3 per cent (Rs 9.70) from the previous close of Rs 323.65. The stock’s 52 week high was Rs 385.60 and 52 week low was Rs 221 on the BSE.

On the NSE, the stock closed at Rs 333.25, up 2.37 per cent as compared to the previous close of Rs 325.55 on 19 December. Its 52 week on the NSE was Rs 382 on 4 December 2014 and the 52 week low was Rs 220 on 14 April 2014.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/27/mso_1.jpg?itok=MDMzFRi9
MSOs urged to make payments for registration online only

All multi-system operators can make the payment of Rs 100,000 towards Processing Fee to the Information and Broadcasting Ministry from January 2O17 through Bharat Kosh only and not in physical form of payment (Bank Draft or cheque)..

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/27/maso.jpg?itok=LjAkeTMU
Siti revenue up across all streams

Siti Networks Limited (Siti) reported 4.4 percent growth in revenue for the year ended 31 March 2017 (FY-17, current year or fiscal) as compared to the previous fiscal. Consolidated revenue growth was driven by revenue growth in all the streams that contribute to Siti’s numbers. The company in...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/23/Den-Networks_SN-Sharma.jpg?itok=C1SUN3_H
Den Networks cable operations revenue up; broadband revenue doubles

BENGALURU: Indian multi system operator (MSO) Den Network reported 21.8 percent increase in operating revenue for its Cable distribution (cable) business for the year ended 31 March 2017 (FY-17) at Rs 1,075.54 crore as compared to Rs 883.24 crore in the previous year (FY-16). The company’s...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/Bibhu%20Prasad%20Rath.jpg?itok=ZMF6Daj2
Change in provisions for bad debt reduces Ortel profits

BENGALURU: The Bibhu Prasad Rath led Ortel Communications Limited (Ortel) reported less than one tenth profit after tax (PAT) for the year ended 31 March 2017 (FY-17) at Rs 1.43 crore (0.69 percent margin of Total Revenue or TIO) as compared to the Rs 11.93 crore (6.1 percent margin of TIO). Ortel...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/14/Tact-TV-Story_0.jpg?itok=sZyYuv4Z
Arasu licence for 'affordability', pvt MSOs concern to be studied, says Naidu

Affordability and world-class service were the main reasons for granting last month Digital Addressable System (DAS) licence to Tamil Nadu Arasu Cable TV Corporation Ltd (TACTV), the union minister for information and broadcasting Venkaiah Naidu said at an event of All India Radio in Chennai.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/09/Madras-HC02-Story.jpg?itok=lK35oeZe
MSOs prepared for new regime, AIDCF stresses on 'a la carte' offers from 1 Sept

All-India Digital Cable Federation (AIDCF), the apex body of Digital Multi System Operator’s (MSOs), has urged all its members to gear up for the new tariff regime.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/09/J%26K.jpg?itok=cTOO5YLs
J&K operators in a quandary, claim banned channels have GEC & all-religion content

MUMBAI: The Indian Government’s directive to the Jammu and Kashmir Government to stop the transmission of 34 television channels from Muslim countries including Iran, Pakistan, and Saudi Arabia has put the cable operators in a quandary. Several foreign channels went off air in most parts of the...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/04/Time-Warner-800x800.jpg?itok=zzmvb4mP
Time Warner revenues, net income up in first quarter

Time Warner Inc., (Time Warner) reported growth in revenue across all its segments – Turner, Home Box Office (HBO) and Warner Bros in the quarter ended 31 March 2017 (Q1-17, current quarter) as compared to the corresponding year ago quarter (y-o-y). Reported total revenue in Q1-17 was $ 7,735...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/04/Tact-TV-Story.jpg?itok=K4nLnzM6
Slow rise in number of MSOs, a month after DAS implementation

NEW DELHI: With registration being given to eight more multi-system operators, the total number of MSOs has risen to 1384 by the end of April 2017. Following the decision of the government to deem all provisional multi-system operators as having regular licence and giving a provisional licence to...

Cable TV Multi System Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories