Cable TV

Hathway Cable & Datacom reports improved numbers for Q2-18

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2017/11/03/Hathway_Cable.jpg?itok=NN52r3c8

BENGALURU: The demerged Hathway Cable and Datacom Limited (Hathway) reported standalone profit before tax (PBT) of Rs 140.1 million for the quarter ended 30 September 2017 (Q2-18,current quarter) as compared PBT of Rs 100.3 million in the immediate trailing quarter Q1-18 (q-o-q). It may be noted that Hathway’s numbers for Q2-17 include both cable television and broadband numbers and hence cannot be compared with Q2-18 revenues that include only broadband revenue. Hence, Hathways numbers for the current quarter have been compared to its numbers from the immediate trailing quarter Q1-18 (quarter ended 30 June 2017)

Hathway’s total revenue of Rs 1,370.8 million for the current quarter was 5.5 percent more q-o-q than Rs 1,299.4 million. Revenue from operations in Q2-18 was 1.7 percent higher q-o-q at Rs 1311.5 million than Rs 1290 million.

Hathway’s total comprehensible income (TCI) for the current quarter was a little more than half (lower by 49.1 percent) q-o-q at Rs 139.8 million as compared to Rs 274.6 million on account of exceptional items that had increased TCI in Q1-18 by Rs 1713 million. Simple operating EBIDTA for Q2-18 at Rs 526.6 million was 7.6 percent higher q-o-q than Rs 489.4 million.

Hathway’s total expenditure in the current quarter increased 2.6 percent q-o-q to Rs 1,230.7 million from Rs 1,199.1 million. Finance costs in the current quarter increased 17.1 percent q-o-q to Rs 201.9 million from Rs 172.4 million. Employee benefits expense in Q2-18 increased 18.3 percent q-o-q to Rs 105.3 million from Rs 89 million. Other operational expenses in the current quarter increased 6.8 percent q-o-q to Rs 328.9 million from Rs 307.9 million. Other expenses reduced 13.1 percent in Q2-18 to Rs 350.7 million from Rs 403.7 million.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/04/11/Digital.jpg?itok=XJmRussd
India, China to provide 50% of global pay TV subs by 2023

NEW DELHI: India and China will together provide half the world’s pay TV subscribers by 2023, according to a new global report that forecasts 95 million additional pay TV subscribers would get added between 2017 and 2023 to take the global total to 1.10 billion. China will continue to supply about...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/04/06/den.jpg?itok=aA0Ds281
DEN expands broadband services; plans Rs 100 cr capex

DEN Broadband Pvt Ltd (DEN) has expanded its hi-speed internet services to 100 cities across India. After an encouraging response to the pilot project in five cities, DEN has already started its first phase of expansion in 15 cities.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/04/04/den.jpg?itok=ci47ACHf
Den Networks appoints Himanshu Jindal as CFO

Den Networks has appointed Himanshu Jindal as chief financial officer with immediate effect.

Cable TV People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/04/03/hathway.jpg?itok=iL9Asqfk
Hathway Bhawani appoints Vatan Pathan as CEO

Hathway Bhawani Cabletel & Datacom ‍(Hathway Bhawani) has approved the appointment of Vatan Pathan​ as CEO with immediate effect. Pathan has been the additional director at Hathway Bhawani Cabletel and Datacom Ltd since 7 November 2017.

Cable TV People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/03/31/vinit.jpg?itok=jaMtKdMt
Hathway CFO Vineet Garg resigns

Hathway Cable and Datacom chief financial officer (CFO) Vineet Garg has resigned which will be effective from 15 May 2018. He has also resigned as a director from the board of Hathway Bhawani Cabletel and Datacom.

Cable TV People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/03/26/tdsat.jpg?itok=SdIdmV-l
TDSAT prohibits Scod18 from relaying IndiaCast channels

Scod18 Networking Pvt Ltd (Scod18), a multi-system operator (MSO), has been restrained by the Telecom Disputes Settlement Appellate Tribunal (TDSAT) from taking signals of IndiaCast Media Distribution Pvt Ltd’s (IndiaCast) channels from any other operator.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/03/13/Ortel.jpg?itok=fjL_giQu
Ortel to issue shares worth Rs 8.75 cr to promoters

The board of directors of Ortel Communications, the multi-system operator (MSO), has approved the issue of equity shares to promoter group entities.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/19/in.jpg?itok=nHQvEPXR
INDUSIND Media live telecasts "Magnetic Maharashtra Convergence 2018 - Global Investors Summit"

INDUSIND Media & Communications limited of Hinduja Group provides the live telecast of events from “Magnetic Maharashtra Convergence 2018 – Global Investors Summit” through their Indigital services for the benefit of all their viewers in Greater Mumbai, Maharshtra and some Key cities in India...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/19/Hathway-800.jpg?itok=ECpfVVbW
Hathway leads the way in wireline net subs addition in Q3

BENGALURU: Over the past few years, multi-system operators, or MSOs, and cable television operators have been trying to enhance revenue by offering broadband internet services riding piggyback on their cable TV network wires.

Cable TV Multi System Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories