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Q3-2016: Activation fees boost Indian cable TV companies top & bottom lines

BENGALURU: The Digital Addressable System (DAS) Phase III deadline has helped boost Indian cable TV companies’ top and bottom lines by way of higher than normal activation fees that they charge, and how! Be it Siti Cable, Hathway or Den Network amongst the major players in the field, the companies...

Cable TV Multi System Operators
DEN to get foreign investment by way of shares but within limit approved in August

NEW DELHI: DEN Networks Limited has been permitted to get foreign investment in the company by way of issue of shares or underlying securities like QIIs/ADRs/GDRs/FCCBs and other permitted securities for its telecom business. However, the Foreign Investments Promotion Board (FIPB) has said that DEN...

Cable TV Multi System Operators
DEN Networks to de-merge broadband biz; consolidate cable TV enterprises

NEW DELHI: With an aim of creating a distinct identity for each of its enterprises, major multi-satellite operator Den Networks Ltd to merge 23 subsidiaries in the cable business and to de-merge its broadband business into a wholly owned subsidiary. The Board of Directors has granted in-principle...

Cable TV Multi System Operators
Q3-2016: Den activation revenue boost revenue 31 percent; adds 9 lakh digital subscribers in a quarter

BENGALURU: As mentioned earlier, Den Networks Ltd had reported 31 per cent YoY growth in consolidated Total Income from operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 352.18 crore as compared to Rs 268.81 crore. TIO increased 29.8 per cent QoQ as compared...

Cable TV Multi System Operators
ACT continues to lead in wireline broadband internet additions in 2015: TRAI October 2015

BENGALURU: South Indian broadband internet service provider Atria Convergence Technologies Private Limited (ACT) continued to lead in addition of new subscribers in wireline broadband internet services during the period between 31 December, 2014 and 31 October, 2015. ACT added 2.10 lakh net...

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