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Jayaraman resigns from Hathway Cable & Datacom

Indiantelevision.com Team

(17 January 2013 3:30 pm)

MUMBAI: K Jayaraman, long serving chief executive officer and recently appointed vice chairman of Hathway Cable and Datacom, has put in his papers.

In a restructuring last month, Hathwayappointed former Reliance Media and Entertainment President Jagdish Kumar as MD and CEO of the company, while Jayaraman was made vice chairman. Kumar was directly reporting to the board.

"Jayaraman has put in his papers. But his resignation has not been accepted. He will have to serve a six-month notice period," says a source.

Indian cable companies are in the midst of a transition from analogue to digital mode of delivery. The first phase of digitisation kicked off in November and the second phase across 38 cities is from 1 April.