Technology

WWIL gains on carriage income, plans acquisitions

MUMBAI: Wire and Wireless (India) Ltd has narrowed its first-quarter net loss as revenue has jumped 10 per cent with a gain in carriage earnings from broadcasters.


A revival in Hyderbad and an entry into new markets through buyouts and joint ventures will shore up the multi-system operator‘s revenues in the second quarter, a senior executive at WWIL said on condition of anonymity.


The multi-system operator (MSO) is planning to get into Varanasi, Asansol, Bilaspur and Bhubaneswar.


"We expect a 10 per cent growth in revenue from the trailing quarter. The fourth-quarter growth should be higher as the acquisitions gain some maturity," the executive added.


WWIL has posted an operating consolidated revenue of Rs 692.46 million for the three months to 30 June, up from Rs 630.06 million.
 
 
"Carriage has contributed to 55 per cent of our overall revenues. This formed 51 per cent of our revenue component in the year-ago quarter," the official said.


WWIL‘s consolidated net loss stood at Rs 233.91 million for the quarter ended June 2010, narrowing from the earlier year‘s Rs 477.69 million.


The company, in fact, has turned Ebitda positive compared to the year-ago period. Ebitda for the quarter under review stood at Rs 74 million, from a Rs 100 million loss in the first quarter of FY‘10.


"We have arrested our expenses. Unlike the previous year, there is no expenditure incurred on Headend-In-The-Sky (HITS) during the quarter. The content cost has also come down. Our expenses fell 14.77 per cent," said the official.


Expenses in the quarter stood at Rs 782.84 million, down from Rs 918.48 million a year ago. 
 
On standalone basis, WWIL‘s net loss for the quarter stood at Rs 204.65 million (against Rs 464.72 million in Q1 FY‘10). Revenue increased to Rs 497.50 million (from Rs 471.78 million), while expenses were at Rs 569.13 million compared to Rs 753.58 million in the earlier year.


WWIL has seeded 300,000 digital boxes and expects to add a similar amount during the fiscal.



WWIL promoters pledged 34.62 million shares, or 13.18 per cent stake, according to information provided by the company till 30 June 2010.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/14/apec_0.jpg?itok=F4q4QkOl
A-Pac the biggest market for SOIs, to flourish by 2024

Silicon on Insulator (SOI) caters to the demand of the electronic industry, and thus the market will increase and expand with the varied demands in the electronics domain. The electronic boom in the industry has caused a surge in consumer electronics such as digital cameras, television, gaming...

Technology Hardware Components
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/04/12/anthony%20%281%29.jpg?itok=1_onx3pu
B'casters' easing ATSC 3.0 transition: Artel, Qligent integrate

Real-time, multimedia delivery solutions company Artel has partnered cloud-based, enterprise-level media analysis specialist Qligent to help broadcasters ease the transition to ATSC 3.0.

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/29/Convergence_0.jpg?itok=YbX2BAHO
Convergence: Sinclair Broadcast co ties up with India's Saankhya

MUMBAI: ONE Media 3.0, a wholly-owned subsidiary of Sinclair Broadcast Group, Inc. has announced an agreement with Saankhya Labs, a leader in the development of Cognitive Software Defined Radio (SDR) chips, to accelerate the development of ATSC 3.0 (the Next Generation standard) chipsets.

Technology Hardware Components
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/28/Siemens-Sumitomo_1.jpg?itok=5cxUHrJ7
Siemens & Sumitomo win US$ 520m Pugalur-Trichur HVDC and cable VSC order

MUMBAI: A consortium between Siemens and Sumitomo Electric Industries Ltd. has been awarded an HVDC order from Indian transmission operator Power Grid Corporation of India to supply a high-voltage direct current (HVDC) transmission system.

Technology Hardware Components
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/25/Sanjay%20Sethi-800x800.jpg?itok=8Yt0QcPi
Electronic Manufacturing Cluster in Au'bad gets govt nod

NEW DELHI: The the first Brownfield Electronic Manufacturing Cluster (EMC) in Aurangabad under the Electronic Manufacturing Clusters (EMC) scheme has received final approval from the Electronics and Information Technology Ministry. India Electronics and Semiconductor Association (IESA), the premier...

Technology Hardware Components
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/23/stb%20%281%29.jpg?itok=pU2kNGZD
Indian and Chinese companies tie up for pre-integrated VAS Ready STB

Technology company specializing in digital media Corpus and Chinese digital products supplier Jiuzhou are to offer an STB solution bundled with Value Added Services (VAS) applications to enable operators monetize their digital investments and achieve faster ROI and profitability.

Technology Hardware Set-top Boxes
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/21/qw%20%281%29.jpg?itok=xNbG4zeg
Spectranet video delivery optimised through Qwilt

Broadband Internet Service Provider Spectranet has chosen content delivery and open caching solutions provider Qwilt’s award-winning open caching solution to optimise over-the-top (OTT) video delivery and improve Quality of Experience (QoE) for its subscribers.

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/17/camron-o-nil.jpg?itok=isUPKsXu
Adore partners Riedel solution

MUMBAI: In its continuing quest to provide broadcasters with traditional and new media solutions, systems integrator Adore Technologies Singapore has selected Riedel's Artist digital matrix intercom solution for Accenture's state-of-the- art webcast facility in Gurgaon, India.

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/03/28/tech.jpg?itok=-NwpprGv
Cloud Force partners Corpus Media for TV internet applications on pay-TV providers

New York City and Hartford, CT-based software and services company Cloud Force Digital Media has selected Corpus Media Labs as its applications development partner.

Technology Software Applications

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories