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New Delhi: The Telecom Regulatory Authority of India (Trai) has released a new consultation paper to regulate the market structure/ competition in Cable TV services across the country.
The issue was initially raised by the ministry of information and broadcasting (MIB) in December 2012, when it sought the recommendation of the regulatory body. In its letter to Trai, the ministry highlighted how Cable TV distribution is virtually monopolised by a single entity in some states like Tamil Nadu, Punjab, Orissa, Kerala, Uttar Pradesh, and Andhra Pradesh.
According to MIB, it has become necessary to examine whether there is a need to bring in certain reasonable restrictions on Multi-System Operators (MSOs) and Local Cable operators (LCOs), including restricting their area of operation or restricting the subscriber base to prevent monopoly. The Cable TV Act and the Cable TV Rules also do not restrict the number of MSOs/LCOs operating in any specific area.
After following a due consultation process, Trai issued its recommendations on 26 November 2013. However, Trai has now received a backreference from MIB mentioning therein that a considerable time has passed since the recommendations were made and that the media and entertainment (M&E) landscape has changed drastically, particularly with the advent of new digital technologies in this sector. Technological developments especially IP technology and the increasing use of packet-switched digital communications have made converged services possible.
Therefore, some of the issues need further consideration by the authority and it may provide a fresh set of recommendations in the matter looking at the subsequent developments/expansion in the M&E sector, stated MIB.
The regulatory body has now invited comments from the stakeholders by 22 November. Counter comments, if any, may be submitted by 6 December.
As of September 2021, there are 1733 registered MSOs in the country and approximately 1. 55 lakh cable operators as of March 2021.
Mumbai: Hathway Cable and Datacom on Friday reported its first quarter results for the financial year FY23. The company reported gross revenue of Rs 447.2 crore and earnings before interest, tax, depreciation and amortisation (Ebitda) of Rs 102.6 crore. The company reported profit after tax of Rs...
Mumbai: Digital cable TV and broadband company GTPL Hathway announced its financial results for the first quarter of FY2023 on Thursday. The company reported consolidated revenue of Rs 645.4 crore a growth of 10 per cent year-on-year (YoY). The company reported subscription revenue of Rs 272.7...
The ministry of information and broadcasting has granted six new licenses to multi-system operators (MSOs) between 21 April to 4 July and cancelled 12 licenses between April and 4 July. The total number of registered MSOs stood at 1753.
GTPL Hathway has reappointed Anirudhsinh Jadeja as managing director for three years, at its 16th annual general meeting held on Friday.
On building a profitable business, Hathway Cable and Datacom managing director Rajan Gupta stated that he believes FY 2022–23 will be a transformational year for the company.
Nxtdigital Ltd on Wednesday announced the results for financial year 2022. The media and communications company recorded revenue of Rs 1,152.19 crore for the year ending 31 March, registering a growth of 14.3 per cent year-on-year.
Mumbai: The ministry of information and broadcasting (MIB) reported that there are 1761 registered multi-system operators (MSOs) as of 30 April compared to 1763 registered MSOs on 22 March. The ministry granted one new license, cancelled three licenses and rejected two applications for license in...
GTPL Hathway saw 12 per cent growth in revenues at Rs 24,154 million and four per cent increase in EBITDA (earnings before interest, tax, depreciation and amortisation) to Rs 5,677 million year-on-year in FY22. The company expects to maintain this growth rate for the current financial year i.e.,...
Mumbai: Hathway Cable and Datacom Ltd reported gross revenue of Rs 1,793 crore in FY22 an increase of four per cent over FY21. Its broadband revenue stood at Rs 621.9 crore while CATV revenue stood at Rs 1171.1 crore for the financial year. The company reported profit after tax of Rs 130.4 crore a...
