JP Morgan


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JP Morgan gives overweight status to Zee scrip

A JP Morgan Asia Pacific Research report dated 28 April 2003 has stated that Zee Telefilms has reported good 4QFY03 numbers and that advertising revenues performed in line with expectations in a tough environment, while subscription revenues continued to show strong growth.

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Financing of STBs not a problem area

A JP Morgan report points out that the monthly financial charge (depending on the price of the set top box) will be a key determinant of CAS penetration.

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Consumer adoption level at 25-30%

JP Morgan believes that the level of adoption by the consumers would be around 25-30 per cent by the end of the year.

DTH unlikely in medium term

A JP Morgan report concludes that direct to home services (DTH) could suffer and are unlikely to commence in the medium term.

DTH People
MSOs gear up for proposed CAS timeframe

The JP Morgan report states that states that MSOs (multi-system operators) have already started making moves to gear up to the challenge offered by the government proposed time lines for the implementation of CAS.

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