Cable TV

Hathway Bhawani plans equity offer; mulls pay-per-view service

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/cable_tv_images/2014/04/03/hathway.jpg?itok=Z6jy1m-c

Hathway Bhawani Cabletel & Datacom Limited has announced that an offer of 1.6 million equity shares of Rs 10 each for cash at a price of RS 20/- per share aggregating Rs 32 million is on the anvil.

This represents 20 per cent of the present paid up equity capital of the company. The offer for sale document has been filed with market regulator Securities and Exchange Board of India for necessary clearances. An official release informs that the proposed offer for sale benefits the company and its shareholders as the company will maintain its listed status on the Bombay Stock Exchange and at the same time offer greater liquidity to the shareholders of the company.





Hathway Bhawani is a leading Multiple Service Operator (MSO) with operations in the Central and Eastern Suburbs of Mumbai covering areas of Chembur, Sion, Kurla, Ghatkopar and Dadar T.T. The company claims to be the first cable television company to be listed on the Bombay Stock Exchange. It is also the largest cable network in Central Mumbai.





Since 1999, 51 per cent of the company's existing paid up equity capital is held by Hathway Cable & Datacom Private Limited (HCPDL), Hathway Investments Limited (HIL) and United Cable Networks Private Limited (UCNPL). The Rupert Murdoch promoted broadcaster Star TV officially holds 26 per cent of the paid up equity capital of HCDPL.





Hathway Bhawani recently invested about RS 10 million for a state-of-the-art new head-end at Chembur, Mumbai, and the laying of optic fiber cables for its cable internet business. The company's services / businesses have been organised into three divisions: distribution, channel and ISP.





On the company's agenda is the launch of a Pay Per View (PPV) service, where the subscribers can view movies and additional channels at their home. One of the options before the company is to launch PPV at a small incremental investment and thus offer a value-added service to the subscriber at a competitive price.





Hathway Bhawani runs two movie-based Cable Channels - BTV (Bhawani Superhit which telecasts popular Hindi Movies) and BVC (Bhawani Viewers Choice). The Company also runs a Religious Channel - BTV Upasana.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/16/Den-Networks_SN-Sharma.jpg?itok=M92gmI7l
Subscription revenue drives up Den’s PAT

Multi-system operator (MSO) Den Networks’ financial results for Q3 2018 show consolidated revenue of Rs 330 crore as against Rs 293 crores in the corresponding quarter a year ago, up by 12 per cent. In Q2 2018, consolidated revenue stood at Rs 328 crore.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/11/hinduja.jpg?itok=tgpOkCe2
Hinduja Ventures board okays amalgamation with Grant Investrade

Hinduja Ventures Ltd's (HVL) the board of directors has approved the amalgamation of Grant Investrade Ltd (GIL), a wholly owned subsidiary, into the company.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/11/gst.jpg?itok=UmnytSo2
Kolkata cable operators want cable TV GST at 5%

MUMBAI: The plea of cable TV operators in Kolkata to reduce the goods and services tax (GST) from the current 18 per cent to 5 per cent has been heard.

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/08/den.jpg?itok=zjH4237M
Den Networks buys 51% in VBS Digital

MUMBAI: Multi-system operator Den Networks Ltd (Den) has acquired 51 per cent stake in cable televison distributor VBS Digital Distribution Network Pvt Ltd (VBS Digital) for Rs 2.64 crore in cash. According to Den's release to the Bombay Stock Exchange, the deal will strengthen the company’s cable...

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/05/TiVo1_0.jpg?itok=3IoghzFq
TiVo's next-gen solution to help cable operators retain customers

MUMBAI: TiVo Corporation has launched Next-Gen Platform, a range of cloud-based products with a unified backend to help operators stay ahead of the game. The platform can be deployed for QAM, hybrid and IPTV to anticipate and quickly address customer needs.

Cable TV Local Cable Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/26/bibu.jpg?itok=CZlRRdhm
Ortel to move broadband business to new entity

Multi-system operator Ortel Communications Ltd plans to incorporate a new wholly owned subsidiary, Ortel Broadband Ltd, in order to operate the broadband business separately.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/23/sharma.jpg?itok=G-WgLWQi
DEN Networks tops as most attractive Cable TV brand: TRA Research

DEN Networks Ltd, one of the largest cable MSOs in India, is the top cable brand according to the "Most Attractive Brands 2017" report by Trust Research Advisory (TRA)

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/17/caletvheaend12.jpg?itok=i9dREprN
Government to once again make MHA clearance compulsory for MSOs?

Every multisystem operator (MSO) which is licensed with the ministry of information & broadcasting (MIB), will now have to also seek the ministry of home affairs' s (MHA's) ecurity clearance. A notification to this effect is being planned and passed by the Narendra Modi government.

Cable TV Multi System Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/07/court.jpg?itok=VGZT1e9Z
MSOs move Madras HC seeking relief on inter-connect pacts

MUMBAI: The All India Digital Cable Federation (AIDCF) had filed a petition in the Madras High Court few days back pleading a directive to broadcasters to maintain a status quo on renegotiating agreements between TV channels and MSOs till a final judicial call was taken on TRAI’s new tariff regime...

Cable TV Multi System Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories