Cable TV

BBC?s re-tendering process for its outsourced financial services enters next phase

MUMBAI: UK pubcaster the BBC has launched the next phase in the re-tendering process for its outsourced financial services. The process began in December 2005 with the publication of a notice in the Official Journal of the European Union (OJEU).

It has attracted a wide interest from service providers. Seven organisations are being taken through to the next round, all of whom have demonstrated a strong desire and credibility to be potential suppliers for the BBC's outsourced financial services.

The successful companies are ACS, Capita, EDS, Genpact, IBM, Progeon and Xansa. BBC's director of finance Zarin Patel said, "I am delighted that we have had such a positive response from bidders. We can now go through to the next stage of the evaluation process with confidence that we have a strong field to choose from."

The seven bidders will proceed to the next stage of the process, and a short list will be published later this year. Final negotiations will then take place, and it is expected that the final winner will be announced in autumn 2006. The new contract is due to start in July 2007.

The re-tendering of the financial outsourcing deal is expected to deliver significant savings to the BBC as part of a strategy to put extra resources into programmes and transform the organisation into a simpler and more creative digital broadcaster. No BBC staff posts are currently within the defined services being procured.

The financial services being re-tendered were originally outsourced in 1997 to Medas as part of a ten year contract which will end in June 2007. Services currently provided by Medas include payments to external suppliers, artists, contributors, staff payroll, expenses processes and the management and maintenance of related financial systems.

Latest Reads
SITI Networks Limited announces “SITI PlayTop”, its first Hybrid Set Top Box

SITI Networks Limited, has announced that it will be introducing a range of Set Top Boxes for delighting its customers. To begin with, the company has announced, “SITI PlayTop”, its first Hybrid Set Top Box.

Cable TV Multi System Operators
Siti relooks at broadband as cable subscription drove revenues in FY18

In FY 2017 (fiscal or year ended 31 March 2017, previous year), the Essel Group’s Siti Networks Ltd (Siti) was all gung-ho about broadband. In its annual report for fiscal 2017, the company said that it had become the largest multi-system operator (MSO) and a leading wired broadband services...

Cable TV Multi System Operators
Pay TV execs feel need to innovate to remain relevant, finds study

With the advent of digital content platforms, pay TV industry across the world is facing stiff competition. The pay TV Innovation Forum report produced by Nagra in association with research firm MTM, found that 90 per cent of executives believe that pay TV providers will have to innovate strongly...

Cable TV Multi System Operators
Hathway Cable gets approval to raise funds worth Rs 99.63 crore

MUMBAI: Leading cable and broadband player Hathway received an approval to raise funds worth Rs 99.63 crore at a board meeting held on 29 August. Following the approval the company’s shares rallied as much as 15 per cent.

Cable TV Multi System Operators
ZEEL announces new TV channel prices ahead of deadline

Ahead of 31 August 2018 deadline for publishing TV channel prices in a new format and a day before the Supreme Court hears a case relating to TRAI’s new tariff regime, Zee Entertainment Enterprises Ltd  (ZEEL) has made public its channel prices as suggested by the regulator in 2016, setting an...

Cable TV Local Cable Operators
GTPL Hathway to promote 40 Mbps broadband speed to masses

As wireline broadband business is emerging as a sector full of growth opportunities, several cable operators, as well as MSOs, are increasing their investment in the segment. GTPL Hathway, the Gujarat based cable and broadband player, is ready to lower its ARPU in the broadband segment to get more...

Cable TV Local Cable Operators
DEN Networks aims for 70,000 broadband subscribers by Q1 2020

Way before Jio’s announcement of its broadband GigaFiber venture, MSO DEN Networks revealed its plan ( to explore the opportunities in the market.

Cable TV Local Cable Operators
Kerala's cable TV operators struggle post floods

Cable TV is reeling courtesy the great Kerala deluge and flooding thereafter earlier this month. According to a letter being circulated by the Kochi-based Cable TV Operators Association (COA) of Kerala to the cable TV trade nationally, the situation is pretty dire in the areas affected by the...

Cable TV Local Cable Operators
GTPL Hathway revenue up for Q1

Indian multi-system operator and internet service provider GTPL Hathway Limited (GTPL) reported 15.7 per cent increase in total income for the quarter ended 30 June 2018 (Q1 2019, quarter or period under review) as compared to the corresponding year-ago quarter  (y-o-y) Q1 2018.

Cable TV Local Cable Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories