Cable TV

Siticable shelves deal plans with Spectranet

MUMBAI: Siticable has dropped plans to enter into a deal with Punj family-controlled Spectranet as the talks prolonged for too long.



No settlement could be arrived at on the cost of takeover for running Spectranet's operations. Besides, Spectranet's franchisee cable operators in Delhi migrated to other multi system operators (MSOs).

"We have shelved our plans. The management at Spectranet took too long to decide and hand over the network. The price they wanted was also too high," said a source in Siticable.

Siticable was in advanced talks with Spectranet to take it on lease for at least a period of three years. The primary objective was to get access to the fibre laid out by Spectranet in Delhi. This Would have enabled Siticable's digital headend to be linked with its master control rooms in Delhi on Spectranet's optic fibre backbone.

The other aim was to get access to the cable operators of Spectranet. "We were looking at a deal in totality. But the delay on finalising the terms spoilt whatever plans we had with Spectranet," says the source.



Siticable has already linked its digital headend with five of its control rooms in Delhi via fibre optic. Only two control rooms are not linked and are running on analogue. "We are examining options of using the fibre backbone of Bharti or VSNL or other players. This would allow us to offer a total digital system across the city," says the source.

Former Star India distribution head Arun Mohan had stitched a 10-year lease management deal with Spectranet through his company AM Trinity Platco. But with conditional access system not taking off, early this year Mohan decided to get out of the cable TV business and terminated the contract. Spectranet got into talks with Siticable but soon cable operators fled from the network to hitch on to the other MSOs like Incablenet and Hathway Cable & Datacom.

Siticable has taken on lease two independent operators in Bangalore, Ice Network and Atria Network. The company acquired in May Indian Cable Net (earlier RPG Netcom), a Kolkatta-based MSO, and wants to aggressively spread more affiliates across the country.

Latest Reads
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
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
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
GTPL reports higher numbers for Q3 2018

BENGALURU: Indian multi system operator (MSO) and broadband internet services (broadband) provider GTPL Hathway Limited (GTPL) has reported a year-on-year (yoy) growth in standalone as well subsidiary companies revenues, operating profits and net profits for the quarter ended 31 December 2017 (Q3...

Cable TV Multi System Operators
Hinduja Ventures appoints Ashok Mansukhani as MD; net profit remains flat

MUMBAI: Hinduja Ventures Ltd (HVL) whole-time director Ashok Mansukhani has been elevated as the managing director of the company for two years from 30 April 2018 to 29 April 2020. Mansukhani completes his existing term as whole-time director on 29 April.

Cable TV People
Hathway reports improved standalone Q3 results

BENGALURU: The demerged Hathway Cable and Datacom (Hathway) reported standalone profit after tax (PAT) of Rs 23.87 crore (17.2 per cent of operating revenue) for the quarter ended 31 December 2017 (Q3 2018, quarter under review), 70.4 per cent higher as compared to PAT of Rs 14.01 crore (10.7 per...

Cable TV Multi System Operators
TDSAT rules in favor of DEN Networks, directs ZEE entertainment to provide channels on RIO basis

In a major victory for DEN Networks – TDSAT (Telecom Disputes Settlement and Appellate Tribunal) directed ZEE Entertainment Limited (ZEEL) to provide channels to DEN Networks on RIO basis dismissing ZEEL’s claim that SMS and CAS of DEN were not compliant with the regulations.

Cable TV Multi System Operators
Dual LCN helping consumers, says KCCL's Shaji Mathews

MUMBAI: Kerala Communicators Cable Ltd (KCCL) CEO Shaji Mathews believes dual local channel numbers (LCN) is helping consumers and that its fate should be left to the market.

Cable TV Multi System Operators
DEN readies Android-based STB for Feb launch

Multi-system operator (MSO) DEN is all set to revamp its old hybrid set top box (STB) into a smart STB. The new STB will support 4k HD as well as internet access.

Cable TV Multi System Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories