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Cable

Siti Networks Q1 EBITDA up 54%, adds 1.6 mn digital cable subs

Subscription rev was up 6% QoQ to Rs 170 cr. Carriage rev fell 4.1% QoQ to Rs 77 cr. Activation rev grew 75.2% to Rs 84.9 cr.

How Hathway’s cable TV and broadband companies performed in Q1

Out of total revenue of Rs 236.5 cr in Q1, Hathway Digital’s placement income was Rs 70.2 cr. Subscription rev was Rs 132.5 cr. Pay channel cost was Rs 135.2 cr. Hathway Cable & Datacom’s subscription rev from broadband was Rs 129 cr. Broadband ARPU fell QoQ to Rs 730.

NCLT approves scheme of arrangement between IMCL, Grant Investrade

NCLT approves demerger scheme of arrangement between IMCL and Grant Investrade. GIL will demerge its HITS biz into IMCL.

GTPL Hathway Q1 net down 26% QoQ; 0.86 mn STBs seeded

GTPL Hathway’s placement revenue was up 2% QoQ to Rs 57.8 cr. Pay channel cost was down 2%. Total STB seeding climbed to 7.76 mn. Active subscribers were at 6.69 mn.

Kalanithi Maran’s Kal Cables gets interim relief to transmit signals in analogue mode

Madras HC allows Kal Cables to transmit analogue signals after the MSO submits that state-run Arasu Cable has been granted an extension by the MIB until 17 Aug.

GTPL Hathway partners Nagra, Samsung to use TVKey

The arrangement will give consumers an easy hassle free access to the premium pay TV content on latest Samsung TV sets without the use of a STB and associated cables along with it.

GTPL issues notice to put Zee, Turner channels on a la carte from 18 Aug

GTPL Hathway issues notice informing its customers that all ZEEL, Zee Media and Turner channels will not be available as part of its package. Two sides fail to reach agreement on renewing the existing distribution deal.

MIB grants 34 MSO licences, cancels 15 applications

MIB issues licences to 34 MSOs between 13 June and 31 July. It also cancels 15 applications, mainly due to applicants’ failure to submit missing documents. Total MSO licences stand at 1,455.

MSO Fastway refutes Sidhu’s allegations of cable monopoly

The MSO has refuted allegations of Punjab minister Navjot Singh Sidhu. These include tweaking entertainment tax and creating a cable monopoly.

Sidhu continues to put heat on MSO Fastway Transmissions

Navjot Sidhu asks Punjab Chief Minister’s Office to take a call on the recovery of alleged tax evasion of Rs 20,000 cr by Fastway. He seeks audit of the company for the past ten years.