Posted on: 24/05/2017 08:27 AM
The GST rate has been fixed at 18% for cable TV and DTH services. The move will bring some relief to cable and DTH firms as well as consumers as it will lead to tax savings for them, thus lowering the prices of these services.
Posted on: 23/05/2017 09:36 AM
DEN’s cable TV EBITDA has jumped to Rs 144 cr in FY17 from Rs 18 cr a year ago. The MSO is planning to launch an Android open-source box by Q3 of FY18.
Posted on: 22/05/2017 09:14 AM
Rajan Raheja-promoted Asianet will roll out its broadband service in Tamil Nadu. Hathway Cable & Datacom, which is also promoted by Raheja, recently announced its broadband expansion plans in TN.
Posted on: 19/05/2017 10:36 PM
Programming cost grew 16% in Q4. Pay channel cost per customer increased to Rs 47.67. Carriage revenue fell 33.6%.
Posted on: 16/05/2017 09:15 PM
After expressing intent to invest up to Rs 1,000 cr in its broadband biz, Hathway has roped in actor Madhavan to aggressively mop up subs. It has signed up Madhavan as the national brand ambassador for its broadband biz.
Posted on: 16/05/2017 09:31 AM
GTPL Hathway has got SEBI’s approval for an IPO. The MSO is looking to hit the market in June. The plan, according to market sources, is to have a valuation of around Rs 3,000 crore.
Posted on: 15/05/2017 08:15 AM
DAS licence to state-owned Arasu was granted keeping the consumer benefit in mind, Venkaiah Naidu said. Private MSOs’ concerns would be taken into consideration, he added.
Posted on: 09/05/2017 10:26 PM
The apex body of the MSOs has urged all its members to gear up to meet the requirement under the new TRAI regulation and prepare their backend to handle dynamic offerings such as à la carte channels.
Posted on: 08/05/2017 09:49 AM
Arasu has floated a tender for procuring 7 mn STBs. These include 6 mn SD STBs and 1 mn HD STBs. Tender to open on 29 May.
Posted on: 05/05/2017 08:14 AM
As on 30 April, the total registered MSOs stood at 1,384, with Arasu Cable being the only MSO with a provisional licence.