Cable TV

Hathway eyes mass broadband Internet market with slashed price points

MUMBAI: Hathway Cable Internet has set its sights on netting the broadband internet mass market with its two new packages that offer twice the broadband access speed at less than half the price vis-à-vis its previous offers.

Aiming to lower the entry price of broadband cable Internet, the cable internet service provider (ISP) is introducing two broadband packages branded as Rush and Velocity.

While both packages allow an access speed of 128 kilo bytes per second (kbps) each, Rush offers a data transfer or download limit of 300 mega bytes (MB) for Rs 300 a month or Rs 3,000 a year whereas the other package, Velocity, offers a higher download limit of 750 MB for Rs 1,000 a month or Rs 10,000 a year.

While there may not be many takers for Hathway's Velocity plan, which offers limited MB download for Rs 1,000 as against unlimited access from competitors at the same price point, the Rush plan is more likely to generate healthy consumer response as individual users usually do not require more than 300 MB downloads. Also, prospective individual consumers are more likely to pay a reasonable Rs 300 on a monthly basis for limited download access.Earlier, Hathway was offering an entry price of Rs 650 for an access speed of 64 kbps. Competitor SitiCable Networks offers two unlimited download plans for individual users for Rs 750 and Rs 1,000 per month each while the Tata owned Videsh Sanchar Nigam Ltd (VSNL) offers an unlimited download plan for Rs 1,000 per month in the individual user category.

Earlier this year, Hathway had also halved its cable modem price from Rs 6,750 to Rs 3,333. The modem is built on DOCSIS (Data over Cable Services Interface Specifications) technology.

What remains to be seen is whether competitors react to Hathway's slashed tariff plans with their own or sustain their existing price points.

Latest Reads
Competition, provision for doubtful receivables paint Ortel’s bottom line red

BENGALURU: Higher competitive intensity in the market, delay in collections and issues pertaining to debt repayment are some of the reasons that Indian regional cable and broadband player Ortel Communications Ltd (Ortel) says that it has incurred a loss of Rs 95.28 crore for the year ended 31...

Cable TV Multi System Operators
Den Networks reports higher revenue, operating profit

BENGALURU: Indian multi system operator (MSO) Den Networks (Den) reported growth in revenue and operating profit (EBITDA) for the quarter ended 31 March 2018 (FY 2018, fiscal 2018, year under review) as compared to the previous year FY 2017.

Cable TV Multi System Operators
Siti Networks revenue, operating profit up in fiscal 2018

BENGALURU: Backed by higher subscription and a 95 per cent collection efficiency, Indian multi-system operator (MSO) Siti Networks Ltd (Siti) posted 16.8 per cent higher consolidated total income for the year ended 31 March 2018 (FY 2018, year under review) as compared to the previous fiscal year...

Cable TV Multi System Operators
SITI delivers Strong Profitable Growth

SITI Networks Limited (BSE: 532795, NSE: SITINET), has released their audited Consolidated Financial Results for the Fourth Quarter and Full Year, ending March 31, 2018.

Cable TV Multi System Operators
HVL receives NCLT nod for amalgamation of Grant Investrade

BENGALURU: Hindustan Ventures Ltd (HVL) has informed the bourses that it has received sanction from the National Company Law Tribunal (NCLT) for the scheme of amalgamation between its fully owned subsidiary and transferor company Grant Investrade Ltd (GIL) and itself (transferee company) w. e. f....

Cable TV Multi System Operators
IndiaCast, Hathway strike deal after TDSAT order

MUMBAI: Setting aside their differences, IndiaCast Media Distribution Pvt Ltd (IndiaCast) and Hathway Digital finally came to an agreement on Wednesday and signed a deal. As a result, IndiaCast, the content monetisation arm of TV18 and Viacom18, has switched on the signals of its channels to the...

Cable TV Multi System Operators
Aim to take phase 3 ARPU to phase 1 value: Den Networks' SN Sharma

MUMBAI: Den Networks has an ambitious plan charted out for its cable and broadband business for the coming two to three years. In an interview to Bloomberg Quint, Den Networks CEO SN Sharma highlighted the company’s plan to increase revenue and subscription.

Cable TV Multi System Operators
GTPL Hathway board okays additional stake buy in subsidiaries

The board of directors of GTPL Hathway has approved the acquisition of additional stake in subsidiaries besides the sale/transfer of shareholding and preferential shares in a subsidiary company.

Cable TV Multi System Operators
IndiaCast, Hathway fail to concur on carriage, subscription fees

MUMBAI: As a result of unresolved conflict between Hathway Cable and Datacom Ltd (Hathway) and IndiaCast Media Distribution Pvt Ltd (IndiaCast), all IndiaCast channels have been pulled off from the cable platform. Despite several meetings, Hathway could not fulfill the growth aspiration of...

Cable TV Multi System Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories