MUMBAI: Hathway Cable & Datacom, India's leading multi-system
operator (MSO), has said that on account of digitisation it
is in the process of finalising fresh terms with local cable
operators (LCOs) in Mumbai and Delhi, the only cities in first
phase where it has a direct presence. In Kolkata, Hathway
has a presence through JV partner GTPL KCBPL.
such finalisations, the management has on estimated basis
recognised activation fees and subscription income in these
two cities, which is based on on-going discussion with LCOs,
market trend and considering the collection made till date.
management has reasonable certainty of collecting the amount
recognised as income, Hathway said.