20 Sep 2017
Live Post
Post merger of HITS-Cable TV biz, IMCL’s FY17 net loss swells to Rs 206 crore
RIL Surges 4% After Telecom Regulator Slashes Interconnect Charges
Mumbai Rains: 34 domestic flights cancelled till 12 pm today, main runway remains shut
Tata Sons buys big chunk of shares in group firms
Swine flu: 42 positive case in Mohali
HIV blood transfusion probe: High-level team gives clean chit to Regional Cancer Centre
Flipkart, Amazon in Rs100 crore ad blitz
Politicians may have helped Iqbal Kaskar net 100 crore in 3 years
Mobile bills to go down as Trai cuts call termination charges to 6 p/min

LCOs in Tamil Nadu up in arms against Arasu

LCOs in Tamil Nadu are up in arms against Arasu Cable for eating into their income and trying to grab their customers by making them pay subscription fee online bypassing the operators. They accused Arasu for acting against the interests of the LCOs.

MIB to accept only online applications for MSO registration from 1 Sep

MIB issues notice stating that it will accept only online applications for MSO registration from 1 Sep. It will not accept any application in physical form.

DEN gets NCLT approval to merge 23 subsidiaries

DEN gets NCLT nod to merge 23 subsidiaries into the parent company and demerge an entity with a wholly owned subsidiary Den Futuristic Cable Network.

PIL filed in Madras HC to restrain Arasu from seeding STBs

A PIL has been filed in Madras HC to restrain Arasu Cable from procuring STBs and then providing them to its subscribers for free, until it gets a permanent licence from the MIB.

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.