22 Sep 2017
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Hathway’s cable TV and broadband capex to be Rs 270 cr in FY18
Cut in interconnect charge may boost RIL's EPS by 8%
Package soon to boost economy; no cuts in fuel rates: Arun Jaitley
Global child bride racket busted in Hyderabad, 20 arrested
Tracked so far: Rs 75 crore in Dera bank accounts
Violence in Tripura: Journalist hacked to death, sec 144 imposed

Tata Elxsi integrates Android TV middleware with Airtel Digital TV’s hybrid STB

Tata Elxsi has executed the integration of Android TV middleware with DTH operator Airtel Digital TV’s hybrid STB.

Hathway adds two new subscription services to its VAS offering

Hathway Cable & Datacom has launched two new add-on subscription services, ‘Play My Play’ and ‘Hare Krsna’, for Rs 40 and Rs 25 per month, respectively.

Arasu receives 5 bids for supply of STBs

After extending the bid submission date for digital STBs to 9 June, Arasu has received interest from 5 players. The state-owned MSO will procure 70 lakh STBs.

GTPL Hathway eyes future growth through broadband, HD

GTPL Hathway may look at acquiring primary points and stakes of its JV partners. OTT service is also on the radar.

Sony issues disconnection notice to IMCL, NXT Digital

After Star, Sony has threatened to disconnect the signals of its channels and those of TV Today Network to IMCL and NXT Digital.

GST Council lowers tax rate on STBs to 18%

The move is expected to ease working capital management of cable and DTH companies besides optimising their cash flows. GST on coaxial cables and optical fibres are also lowered to 18% from the proposed 28%.

GTPL Hathway plans Rs 600-crore IPO in June

GTPL Hathway, in which Hathway Cable & Datacom owns 50% stake, is planning to raise Rs 600 crore through an IPO in June.

Hathway transfers cable TV biz to subsidiary for Rs 302 cr; narrows net loss in FY17

Hathway Cable & Datacom has said that the consideration amount for the transfer of its cable TV biz to a wholly-owned subsidiary, Hathway Digital, is Rs 302 cr. Consolidated net loss narrows to Rs 192.94 cr in FY17 from Rs 237.68 cr a year ago. Pay channel cost increases 8.78% to Rs 471.69 cr.

Arasu extends bid submission date for STB supply contract to 9 June

Arasu plans to procure 70 lakh STBs. It is also interested to get price discovery for triple-play STB and data over cable service interface specification (DOCSIS) cable modem.

Siti Networks’ digital subs base crosses 10 mn, Q4 EBITDA falls

Siti Networks’ carriage revenue grows 17% to Rs 300 cr in FY17. Carriage sharing, pay channel and related costs at the consolidated level rises to Rs 597.13 cr from Rs 568.64 cr a year ago.