Category: Multi System Operators

  • From Couch Potatoes to Content Creators: Hathway & Den reel it in

    From Couch Potatoes to Content Creators: Hathway & Den reel it in

    MUMBAI—Move over, television executives. The inmates are about to take over the asylum—or at least, the broadcast.

    Cable television multiservice operators Hathway and Den have launched an experiment that could rewrite the rulebook of broadcast media. Their new platform, Hathway/DEN Reels, is turning content creation and  its broadcast on its head – viewers are creating content which is being packaged and shown on a specialised service on Hathway channel no 99 and on  Den channel no 100. 

    Launched on 18 March, Hathway Reels and Den Reels  have already captured the imagination of wannabe performers nationwide. In just five days, over 1,000 user-generated reels have flooded in—a deluge that suggests a deep hunger for democratised stardom.

    “This isn’t television as we know it,” says an industry observer. “It’s television as people have always dreamed it could be”.

    The concept is disarmingly simple. Aspiring performers—be they singers, dancers, comedians, or pure eccentrics—need only a smartphone and a dash of courage. No casting calls, no industry connections, no prohibitive barriers to entry.
    Hathway reels
    Social media has long promised such democratisation, but often delivered only algorithmic mirages of fame. Hathway/DEN Reels promises something more tangible: actual broadcast airtime.

    What sets this initiative apart is its radical inclusivity. It’s not about polished performances but raw, unfiltered talent. A call centre executive in Bengaluru, a farmer in Punjab, or a student in Mumbai can now find themselves beamed into living rooms across India.

    The platform represents more than entertainment—it’s a social leveller. For every frustrated creative soul shelving dreams due to practical constraints, this is a lifeline. No need to quit the day job. No need to move to Mumbai or Delhi. The stage has come to them.

    Initial response suggests the concept has struck a nerve. In an era of algorithmic content and manufactured viral moments, Hathway/DEN Reels offers something revolutionary: genuine human connection.

    As television wrestles with relevance in the streaming age, this could be a blueprint for survival. Not by competing with slick productions, but by becoming a mirror—reflecting the vibrant, diverse, utterly unpredictable talent that pulses through India’s veins.

    For those who’ve ever mumbled “I could do that” at their television, the time has come. The spotlight awaits.

  • Hathway Cable cuts cord with Patiala venture in Rs 25 lakh deal

    Hathway Cable cuts cord with Patiala venture in Rs 25 lakh deal

    MUMBAI: Cable TV MSO and broadband provider Hathway Cable &  Datacom Ltd has flogged its entire 49 per cent stake in Hathway Patiala Cable Pvt Ltd for a cool Rs 25,00,000, the company announced on 24 March.

    The broadband behemoth completed the share transfer around 4:00 p.m. (IST), washing its hands of the Patiala operation by selling 71,175 equity shares to Jujhar Constructions & Travels Pvt Ltd.

    “The investment in Hathway Patiala was passive investment and had no contribution to the consolidated turnover and net worth of the Company for the FY2023-24,” the firm declared in its regulatory filing.

    Jujhar Constructions, a real estate and transportation outfit incorporated under the Companies Act, 1956, already has ties to Hathway Patiala through its director and shareholder Gurdeep Singh. Singh, who has been pulling strings at Hathway Patiala, will now see his firm take complete control of the cable operation.

    The cable giant was quick to note that Jujhar has no connection to Hathway’s promoter groups or other affiliated companies, maintaining that the transaction doesn’t constitute a related party deal.

    For Hathway, this move appears to be less about cutting losses and more about trimming the fat from its extensive cable empire, with the Patiala operation apparently contributing nothing to the company’s bottom line last financial year.

    The transaction was promptly reported to regulators under disclosure requirements of the Securities and Exchange Board of India.

  • GTPL sells dormant associate for Rs 1 Lakh

    GTPL sells dormant associate for Rs 1 Lakh

    MUMBAI: GTPL, the prominent multi-system operator (MSO) and broadband provider led by Anirudhsinh Jadeja, has offloaded its entire stake in a non-operational associate for Rs 1 lakh completing the transaction on 10 March.

    The cable TV and internet services company sold its 50 per cent equity holding in GTPL Jay Mataji Network Pvt Ltd to Deepak Kumar Yadav at approximately 11:00 a.m. IST, according to a regulatory filing.

    The transfer of 10,000 equity shares was finalised immediately after receipt of payment, effectively ending the associate relationship between the two entities.

    GTPL confirmed that  Yadav has no connection to its promoter or promoter group, and the transaction does not constitute a related party deal under regulatory provisions.

    Industry analysts note this move aligns with GTPL’s recent strategy of consolidating its position in core cable and broadband markets while divesting non-performing assets.

  • Kerala Vision unveils Rs 200 crore plan to boost tourism and connectivity

    Kerala Vision unveils Rs 200 crore plan to boost tourism and connectivity

    MUMBAI: Kerala Vision, the state’s leading digital services provider, has announced an ambitious Rs 200 crore investment plan aimed at transforming Kerala’s rural tourism landscape whilst significantly enhancing the region’s digital infrastructure.

    The comprehensive initiative, unveiled at the Invest Kerala Global Summit, focuses on developing undiscovered tourist destinations throughout Kerala’s villages and establishing a state-of-the-art underground optical fibre network along national highways. This dual approach aims to boost both tourism potential and telecommunications infrastructure across the state.

    Kerala visio hq

    Kerala Vision managing director Suresh Kumar P.P, and chief operating officer  Padmakumar N,  presented the detailed project report to a distinguished panel including industries minister P Rajeev, principal secretary A P M Mohammed Hanish IAS, and Kinfra  managing director Santhosh Koshy Thomas.

    Kerala Vision, which currently serves more than one million internet subscribers, brings considerable expertise to the project. The company operates the state’s largest optical fibre network, providing high-speed internet connectivity even to remote locations, alongside its digital television service offering up to 155 channels across various entertainment packages.

     

    KeralaVision BB

    The investment marks a significant step in Kerala’s digital transformation, combining tourism development with infrastructure enhancement. By leveraging its extensive network capabilities, Kerala Vision aims to create a more connected and accessible state for both tourists and residents, supporting the region’s long-term economic growth.

  • JioStar revamps sports channel  and FTA portfolio

    JioStar revamps sports channel and FTA portfolio

    MUMBAI: JioStar has announced significant changes to its channel lineup, effective 15 March 2025, according to its latest reference interconnect order published on 13 February.

    The broadcaster is rebranding its Sports18 channels under the Star Sports banner. Sports18 1 will become Star Sports 2 Hindi, whilst Sports18 2 and 3 will be rebranded as Star Sports 2 Telugu and Tamil, respectively. Star Sports First will be renamed Star Sports 2 Kannada, and Sports18 Khel will become Star Sports Khel.

    Two new high-definition channels, Star Sports 2 Tamil HD and Star Sports 2 Telugu HD, will launch on 15 March. All sports channels will be priced at RS 19 for consumers.

    The company has also updated its free-to-air package, which now includes Colors Rishtey, Star Utsav, Star Utsav Movies, Colors Cineplex Bollywood, Colors Cineplex Superhits, and News 18 India. 

    Anyone interested in downloading the latest updates from JioStar can do so by clicking on the links below: 

    Application for request of signals of STAR Channels DOWNLOAD PDF
    Form for Amendment of Subscribed Channels and Subscribed Bouquets DOWNLOAD PDF
    Form for Amendment of Territory DOWNLOAD PDF
    Rate Card DOWNLOAD PDF
  • Hathway’s Q3 FY25: A drama of numbers, some cheers, and a few tears

    Hathway’s Q3 FY25: A drama of numbers, some cheers, and a few tears

    MUMBAI: Numbers don’t lie, but boy, do they tell a rollercoaster of a story!

    Hathway Cable and Datacom’s Q3 FY25 financial results are in, and while there’s some sizzle, there’s also some fizzle.

    Let’s dive in, shall we?

    For the quarter ending 31 December 2024, Hathway flexed a total income of Rs 532.13 crore. It’s a whisker down from last quarter’s Rs 543.25 crore but ekes out a win compared to last year’s Rs 535.33 crore.

    Revenue from operations? Rs 511.15 crore. Not too shabby, but hey, it’s no jackpot either. Meanwhile, other income decided to take a nap, dropping to Rs 20.98 crore from Rs 30.52 crore in the previous quarter.

    For the nine-month stretch, Hathway managed to pull in a total of Rs 1,599.75 crore, a teeny-tiny uptick from last year’s Rs 1,585.32 crore.

    Here’s where things get interesting.

    Consolidated profit before tax (PBT) took a nosedive to Rs 19.07 crore. Compare that to Q2’s Rs 39.88 crore and last year’s Rs 30.75 crore, and you’ll understand why we’re clutching our calculators in dismay. Rising pay channel costs (Rs 249.29 crore, up from Rs 244.47 crore) and higher depreciation expenses (Rs 86.98 crore, up from Rs 80.79 crore) clearly didn’t help.

    Net profit for Q3 landed at Rs 13.54 crore, a far cry from the prior quarter’s Rs 25.78 crore and even last year’s Rs 22.35 crore. For the nine months, net profit dropped to Rs 57.74 crore from Rs 64.72 crore. Ouch.

    Broadband vs Cable

    1    Broadband Business: Revenue dipped to Rs 149.99 crore, down from Rs 151.59 crore last quarter and Rs 155.60 crore last year. Let’s just say the internet’s not as hot as we’d like it to be.

    2    Cable Television: Revenue held its ground at Rs 345.79 crore, a hair better than last quarter’s Rs 344.01 crore. But losses in this segment widened to Rs 16.55 crore. Maybe it’s time for some reruns of “How to Cut Costs 101”?

    The numbers tell us Hathway is juggling rising costs and a competitive market. Yet, the story isn’t all doom and gloom. Total income is up year-on-year, proving the brand has staying power. Now it just needs to flex those operational muscles a bit more.

    Hathway’s next episodes will need to feature a blend of strategic moves and bold actions to maintain its plot as a major player in India’s digital landscape.

    Can they level up their game while keeping the balance sheet in check? Stay tuned and watch how the story unfolds!

  • GTPL Hathway aims high with headend-in-the-sky launch in FY26

    GTPL Hathway aims high with headend-in-the-sky launch in FY26

    MUMBAI: Two companies have tried to deliver TV signals via this mode. One of them- Jain headend in the sky (Hits)  was too early – and had to be put to rest. The second -Nxt Digital from the Hinduja group – has only been able to take it a certain distance.  Now a third player is getting into the Hits game: the  Anirudhsinh Jadeja-headed  cable TV and broadband MSO GTPL Hathway.

    Speaking at the investor call after the declaration of its third quarter FY25  financials last week, GTPL Hathway business head B2B &  chief strategy officer Piyush Pankaj  admitted this while responding to a question from an analyst.

    Said he: “..we  are going to change the delivery technology which we are going on. I will talk about that in Q4, much in the Q4 as we are changing it from the fiber to satellite which we are doing right now going on to the Hits, but I will talk about the Hits in the next quarter and how it is going to give us the company the access to all over India, what are going to be main targets on that, how we are going to increase our subscriber base, how it is going to affect our costing and what the positive impact is going to happen on that. That is what we are going to give you in Q4. We are trying to launch that in FY26 this Hits and it is going to be very positive for the company.”

    Pankaj added that government clearances from some of its departments are pending  and the company was in the process of fulfilling  some of the licence obligations from the ministry of information and broadcasting.

    The company has already taken loans for the Hits project  and it is almost 80 per cent complete on the capex side, Pankaj  revealed. “We are just looking forward that by next quarter the whole project will be completed and we will be ready to launch,” he said. 

    Going by the fact that it has emerged as the largest active subscriber cable TV company  in the country, it is in the realms of possibility that its Hits project could well go on to be a major hit with customers. 

  • Hathway Bhawani Cabletel reports quarterly loss amid declining revenues

    Hathway Bhawani Cabletel reports quarterly loss amid declining revenues

    MUMBAI: It’s a small MSO in the eastern part of Mumbai and covers the area of Chembur. But Hathay Bhawani Cabletel is  an off shoot of Hathway & Cable Datcom, which is a national MSO and is a part of Reliance Industries.

    The company  reported financial results for the quarter and nine months ended 31 December 2024, revealing declining revenues and a shift from profitability to losses compared to the previous year.

    Q3 Financial Performance (October-December 2024)
    * Total Income: Rs 59.57 lakh, down 12 per cent  from Rs 67.92 lakh in Q3 FY 2023.
    * Total Expenses: Rs 65.25 lakh, up 21 per cent from Rs 53.89 lakh in Q3 FY 2023.
    * Net Loss: Rs 5.68 lakh, compared to a profit of Rs 4.03 lakh in the same quarter last year.

    The decline in income and significant rise in expenses contributed to the company’s unfavorable quarterly performance, highlighting operational inefficiencies and increased cost pressures.

    Nine-Month Financial Performance (April-December 2024)
    * Total Income: Rs 181 lakh, a 12 per cent decline from Rs 206.25 lakh during the same period in 2023.
    * Total Expenses: Rs 203.20 lakh, a slight reduction from Rs 205.66 lakh in the prior year.
    * Net Loss: Rs 22.20 lakh, compared to a modest profit of Rs 59,000 during the nine months ended December 2023.

    The income contraction coupled with sustained high expenses reversed the profitability recorded in the previous year.

  • Derek Chang Named president & CEO of Liberty Media

    Derek Chang Named president & CEO of Liberty Media

    MUMBAI: The John Malone-headed Liberty Media Corp has announced the appointment of veteran media, sports, and entertainment executive Derek Chang as its president&  CEO, effective 1  February  2025.

    Chang, a Liberty Media board member since 2021, brings extensive experience from leadership roles at the NBA, DirecTV, Scripps, and EverPass Media, among others. Liberty Media  chairman John Malone, will serve as interim CEO until Chang assumes the role.

    “I am thrilled to welcome Derek as CEO,” said Malone. “His deep industry expertise and leadership make him the ideal choice to guide Liberty’s next chapter.”

    Chang expressed enthusiasm for the opportunity, stating his focus will be on optimising Liberty Media’s portfolio and advancing key assets like Formula 1 and MotoGP.

    Chang will join the Liberty Media board’s executive committee alongside Malone, Dob Bennett, and Chase Carey.

    Liberty Media operates interests in media, sports, and entertainment businesses, including Formula 1 and Live Nation.

  • GTPL: Investing in Q3 FY 2025 for growth

    GTPL: Investing in Q3 FY 2025 for growth

    MUMBAI: It has been a challenging year for the cable TV industry, with increasing pressure on their broadband operations from wireless operators like Jio, Airtel, and Vi. Cord-cutting continues to grow, alongside the rise of cord-nevers. This trend is likely to be reflected in the financial results of listed MSOs and DTH operators.
    Some of these challenges are evident in the results of one of India’s top MSOs, GTPL Hathway, although the company is investing for growth.

    The Anirudhsinh Jadeja-led group reported a 7.64 per cent growth in revenue for the third quarter ended 31 December 2024, reaching Rs 565.16 crore, compared to Rs 521.69 crore in the corresponding period of the previous year. The company spent Rs 14.93 crore on the purchase of project material (nil in Q3 ended 31 December 2023). Operating expenses rose significantly to Rs 441.70 crore (Rs 364.22 crore), while finance costs increased to Rs 6.6 crore (Rs 4.4 crore). These higher costs impacted the profit before exceptional items and tax (PBEIT), which declined to Rs 14.24 crore (Rs 25.91 crore).

    Despite a lower tax outgo of Rs 3.58 crore (Rs 13.83 crore), net profit fell to Rs 10.66 crore (Rs 19.13 crore). Total comprehensive income also decreased to Rs 10.69 crore (Rs 19.21 crore).

    The company declared in its investor presentation that its active cable TV subscribers and paying subscribers were at 9.6 million and 8.9 million in Q3 FY25 as against 9.4 million  and 8.7 million in Q3FY24 respectively. Its subscription income from CATV fell six per cent in Q3FY25 to Rs 211.2 crore (Rs 225.1 crore in Q3FY24), while its placement income rose 21 per cent to Rs 308 crore (Rs 254.2 crore in Q3FY24).

    Its content costs climbed 14 per cent  to Rs 382.4 crore in Q3FY25 from Rs 335.1 crore. GTPL Hathway’s EBITDA fell 14 per cent to Rs 65.4 crore in Q3FY25 from Rs Rs 75.7 crore in Q3FY24. 

    On the broadband front, its active subscriber base at 1,042,000  in Q3 FY25 showed an increase of 37,000 over the previous year’s corresponding quarters. Average revenue per user too rose by Rs 5 to Rs 465 in the same period. Its home passes were higher by 350,000 touching 5.95 million by 31 December 2024. 

    On a nine-month basis ending 31 December 2024, GTPL Hathway reported total income of Rs 1653.37 crore, up from Rs 1545.56 crore in the same period the previous year. However, expenditure on project material rose to Rs 21.70 crore (Rs 0 in the previous year’s comparative period). Higher operating expenses at Rs 1196.57 crore (Rs 1087.1 crore) and increased finance costs (Rs 15.61 crore vs Rs 11.55 crore) led to a lower PBEIT of Rs 53.48 crore (Rs 90.07 crore). Net profit after tax fell to Rs 39.65 crore, compared to Rs 66.29 crore.

    During the current quarter, GTPL sold its entire 61 per cent  equity stake (12,200 shares) in its subsidiary GTPL Bansidhar Telelink for Rs 0.12 million. Additionally, it entered into a share transfer agreement to acquire the remaining 49 per cent stake (1,00,000 equity shares of Rs 10 each) in its subsidiary GTPL Vision Services from existing shareholders for Rs 1131 per share, totaling Rs 113.10 million.

    The company clarified that revenue from operations includes projects executed by the group, amounting to Rs 7.6 crore for the quarter and nine months ended 31 December 2024, compared to Rs 41.64 crore for the same periods in the previous year and the year ended 31 March 2024.