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

GST rate for cable and DTH services fixed at 18%

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.

DEN’s EBITDA turns around in FY17; plans to launch Android open-source box by Q3 FY18

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.

Asianet’s broadband biz set to enter Tamil Nadu

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.

Ortel swings into profit in Q4

Programming cost grew 16% in Q4. Pay channel cost per customer increased to Rs 47.67. Carriage revenue fell 33.6%.

After Rs 1,000 cr investment plan, Hathway ropes in Madhavan as brand face of broadband service

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.

GTPL Hathway gets SEBI approval for IPO

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.

Arasu granted DAS licence keeping consumer benefit in mind: Venkaiah Naidu

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.

AIDCF urges members to put backend in place for handling a la carte offering in new TRAI regime

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.

Arasu to procure 7 mn STBs for DAS implementation in Tamil Nadu

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.

MIB granted nine more MSO licences in April

As on 30 April, the total registered MSOs stood at 1,384, with Arasu Cable being the only MSO with a provisional licence.