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The industry guide is meant to assist LCOs in understanding the issues relating to GST. It provides information pertaining to the requirement and procedure for registration under the GST.
A written communication has been sent by the entertainment tax department to MSOs asking them to submit details of their LCOs and cable connections at the earliest.
MIB has written to authorised officers in states and union territories to initiate action against MSOs and LCOs who are found carrying analogue signals in DAS Phase III areas. The switch-off date ended on 31 Jan. Yogendra Pal said that except for three cases, all had been disposed of by Delhi HC.
MIB has categorically stated that it will not extend the 31 Jan deadline to switch off analogue signals in DAS Phase III areas.
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.
Delhi HC disposes of four more cases related to the DAS Phase III deadline extension as infructuous. In all, the bench of Justice Sanjeev Sachdeva has disposed of 12 cases, meaning that all the cases related to the deadline extension have been disposed of.
TDSAT directs LCOs from Delhi and Lucknow to pay outstanding payments at Rs 125 per STB to DEN Networks.
TRAI has recommended a 55:45 revenue share between MSOs/HITS operators and LCOs as a fall-back option should the two parties fail to arrive at a consensual agreement. LCOs will have a share in the rental amount paid by the subscribers. They will also take a share from the 20% distribution fee paid by the broadcasters to the DPOs.
Hathway’s content cost net of carriage is expected to move in the region of Rs 30-32 per STB. In some of the markets where packaging has taken off like Bengaluru, the penetration of the higher pack is as high as 40%. The MSO gets 40% revenue share from its LCOs in many of the cities it is operating in.