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Hathway video biz CEO TS Panesar has resigned. He departs at a time when the cable TV biz has been transferred to a wholly owned subsidiary while the broadband operations is in the parent company. He introduced several changes, brought in processes and launched VAS. His successor will live in a new period of the company’s journey and face new challenges.
Jagdish Kumar has stepped down as Hathway Cable & Datacom MD and CEO. Rajan Gupta is new MD.Panesar is elevated to CEO of video biz.
Bogged down by multiple doses of taxation, DTH and cable TV companies are going to be major beneficiaries in the media and entertainment sector once the GST comes into existence. Here is how.
Sony Pictures Networks India CEO NP Singh has expanded the role of Rajesh Kaul by making him the prez of distribution and sports. Rohit Gupta gets additional role as international biz gets consolidated within the networks’ sales and syndication biz. Why were these changes made?
Though several cable TV and DTH companies are looking to rope in foreign investors, industry experts feel that just putting the broadcast carriage services sector under 100% automatic route isn’t enough. Nothing, after all, has changed since the government increased the FDI ceiling in the media sector almost seven months back.
For the first time, the government will be auctioning 700 MHz spectrum to telcos. Cable TV companies fear that this will lead to interference of signals. They also say that this will impact their future expansions in terms of value-added services and the number of TV channels on offer.
What has been the impact of three years of digital addressable system? Have balance sheets of MSOs been stretched? Will FDI liberalisation ease fund-raising? What is the status on ARPU, packaging and billing?
The portal is designed to provide technological support to LCOs through a dedicated online portal, which will have detailed features allowing LCOs to run their business efficiently and offer better quality experience to customers.
Hathway featured in the list of top 150 technology brands of India as per ET & MRSS’ industry-agnostic study to understand what goes into the making of leading tech brands in the B2B space.