Cable TV

Q1-2016: Hathway YoY revenue up 6%; Broadband subscription revenue up 56%

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/cable_tv_images/2015/08/11/mso%20ppl.jpg?itok=87H9wZhS

BENGALURU: Indian multi system operator (MSO) Hathway Cable and Datacom Limited (Hathway) reported 5.7 per cent growth in standalone Total Income from Operations (TIO) in Q1-2016 (quarter ended 30 June, 2015, current quarter) to Rs 264,41 from Rs 250.11 crore in Q1-2015 and was 2.1 per cent lower than the Rs 270.03 crore in Q4-2015.

The company?s EBIDTA in the current quarter declined 25.4 per cent to Rs 32.73 crore (12.8 per cent margin) as compared to the Rs 43.87 crore (17.5 per cent margin) in the corresponding year ago quarter but was 5.7 per cent more than the Rs 30.98 crore (11.5 per cent margin) in the immediate trailing quarter.

Note: 100,00,000 = 100 lakh = 10 million = 1 crore

Hathway?s loss in the current quarter widened to Rs 43.91 crore as compared to the Rs 0.93 crore in Q1-2015, but was considerably lower than the Rs 76.99 crore in Q4-2015.

Subscription numbers

Hathway?s television subscription revenue in Q1-2016 declined five per cent to Rs 105.5 crore as compared to the Rs 111 crore in Q1-2015 and declined 12.7 per cent as compared to the Rs 120.9 crore in Q4-2015. The company says that it has deployed one lakh set top boxes, taking its digital subscriber base to 86 lakh or 72.9 per cent of its total cable TV subscriber base of 118 lakh in the current quarter.

Broadband subscription revenue in Q1-2016 at Rs 65.1 crore improved sharply by 56.5 per cent as compared to the Rs 41.6 crore in Q1-2015 and increased 12.8 per cent as compared to the Rs 57.7 crore in Q4-2015. The company says that it has added 50,000 broadband subscribers in Q1-2016, and claims a broadband subscriber base of 4.6 lakh, of which 1.7 lakh are under Docsis 3.0. Broadband ARPUs increased from Rs 530 to Rs 577 (exit Q1FY16) says Hathway.

Hathway reported Phase I ARPU at Rs 100 (net of tax) and Phase II ARPU at Rs 76 (net of tax) in the current quarter as compared to Rs 67 (net of tax) in Q4 FY15.

Let us look at the other numbers reported by Hathway

Hathway?s standalone Total Expenditure in Q1-2016 increased 14.5 per cent to Rs 290.87 crore (110 per cent of TIO) as compared to the Rs 254.10 crore (101.6 per cent of TIO) in Q1-2015 but was 5.5 per cent lower than the Rs 307.66 crore (113.9 per cent of TIO) in Q4-2015.

Standalone Pay Channel cost in Q1-2016 increased 8.8 per cent to Rs 93.32 crore (35.3 per cent of TIO) as compared to the Rs 85.81 crore (34.3 per cent of TIO) in Q1-2015 but was 13.1 per cent lower than the Rs 107.34 crore (39.8 per cent of TIO) in Q4-2015.

Employee Benefit Expense in Q1-2016 increased 18.3 per cent at Rs 17.21 crore as compared to the Rs 14.55 crore in Q1-2015, and increased 1.2 per cent as compared to the Rs 17.01 crore in Q4-2015.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/06/vbs.jpg?itok=fQVBbLOg
The challenge of DD FreeDish and new tariff order for DPOs

With the emergence of a large number of OTT platforms and cord-cutting globally, the future of pay-TV looks bleak. The talk of the town is how pay-TV industry will manage to survive the crisis. Moreover, the new tariff order (NTO) in India is also set to overhaul the entire ecosystem.

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/15/den.jpg?itok=vERCFpOP
Den reports improved numbers for Q2 over Q1

The Sameer Manchanda-led Indian cable distribution network and broadband internet services (broadband) provider Den Networks Ltd

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/grt.jpg?itok=OAWnlsvm
GTPL cable TV business revenue up in second quarter

Indian multi-system operator and internet service provider GTPL Hathway Ltd (GTPL) reported 13.8 percent increase in total income for the quarter ended 30 September 2018

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/13/hat.jpg?itok=Gw-Cd_wz
Hathway in the red due to higher expenses, forex loss in second quarter

In the first quarter of the previous fiscal, restructuring at Indian multi system operator (MSO) Hathway Cable and Datacom Ltd (Hathway) had brought for it a positive bottomline.

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/10/dth.jpg?itok=zX4ravcq
Indian DTH equipments worth Rs 7.83 cr seized by Pakistan authorities

Pakistan authorities have seized a large quantity of smuggled Indian direct-to-home (DTH) equipment worth Rs 7.83 crore from various markets in a countrywide crackdown against illegal devices according to a report published by dawn.com.

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/09/Vivek-Couto.jpg?itok=iqwcdf9q
Indian pay TV revenue to touch $16 bn by 2023: MPA

As per a new report by Media Partners Asia (MPA), the pay TV revenue in Asia will top $56 billion in 2018. This will continue to grow at 3 per cent CAGR till 2023 and likely to exceed $66 billion by then. Pay TV revenue consists of subscription fees and local and regional advertising sales.

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/01/hinduja.jpg?itok=ZXqONP2o
Q2 results: Hinduja Ventures reports total income of Rs 26.72 crores

HVL on standalone basis reported a total income of Rs. 26.72 Crores for the half year ended September 30, 2018.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/24/Vynsley-Fernandes.jpg?itok=KbyFWkYU
IMCL aspires to hit 7 mn subscribers in a year

At a time when the face of India’s multi-billion dollar cable industry is changing rapidly with the emergence of new players, Indusland Media & Communication Ltd (IMCL), one of the oldest players in the industry, has announced a new offering ‘I Am Mumbai, I Am InDigital’.

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/11/act.jpg?itok=jNeP51zC
ACT Fibernet seeks funding; discloses financials

In its prospectus with SEBI, ACT Fibernet submitted the financial details and is looking for fund-raising to expand the business across India. ACT Fibernet reported revenue of Rs 1,217 crore and EBITDA of Rs 211.67 crore in fiscal 2017.

Cable TV Local Cable Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories