Category: Multi System Operators

  • Siti Cable denies acquisition of Den Network

    Siti Cable denies acquisition of Den Network

    MUMBAI: The Siti Cable Network  management has vehemently denied – through a press release – the correctness of the news item that has appeared in The Economic Times today indicating that it was likely to acquire national MSO DEN Networks.

    Said Siti Cable executive director and CEO V D Wadhwa in the release:  “There are no such developments between Siti Cable and Den Networks and we would not like to comment on the speculative news  being carried out in the media in this regard”.

    The National and the Bombay Stock exchanges had also sought clarifications from Den Networks in the matter. The latter has through  a similar notice  signed by company secretary Jatin Mahajan to the exchange stated that as a policy  it does not comment on any market speculation.

    Siti Cable and Den Networks were responding to the query raised by the bourses about an article that appeared in the business daily that alleged that Siti Cable chairman Subhash Chandra is looking to expand his cable business by acquiring the Sameer Manchanda-promoted Den Networks for Rs 2,000 crore.

     

  • Siti Cable denies acquisition of Den Network

    Siti Cable denies acquisition of Den Network

    MUMBAI: The Siti Cable Network  management has vehemently denied – through a press release – the correctness of the news item that has appeared in The Economic Times today indicating that it was likely to acquire national MSO DEN Networks.

    Said Siti Cable executive director and CEO V D Wadhwa in the release:  “There are no such developments between Siti Cable and Den Networks and we would not like to comment on the speculative news  being carried out in the media in this regard”.

    The National and the Bombay Stock exchanges had also sought clarifications from Den Networks in the matter. The latter has through  a similar notice  signed by company secretary Jatin Mahajan to the exchange stated that as a policy  it does not comment on any market speculation.

    Siti Cable and Den Networks were responding to the query raised by the bourses about an article that appeared in the business daily that alleged that Siti Cable chairman Subhash Chandra is looking to expand his cable business by acquiring the Sameer Manchanda-promoted Den Networks for Rs 2,000 crore.

     

  • Q1-16: Time Warner Cable adds 21K video subscribers; revenue & income up

    Q1-16: Time Warner Cable adds 21K video subscribers; revenue & income up

    BENGALURU:  Following on from the previous quarter’s reversal in subscriber acquisitions, US triple play services player Time Warner Cable Inc., (TWC) reported net addition of 21,000 Video subscribers in the quarter ended 31 March 2016 (Q1-16, current quarter). Last quarter (Q4-15), for the first time since 2006, TWC had reported net video subscriber additions.

    The company reported best ever customer relationship net additionsfor Q1-16across the three services that it provides.Customer relationship net additions for Q1-2016 were 236,000 with Video net additions of 21,000, High-speed data net additions of 314,000 and Voice net additions of 178,000.

    Revenue grew 7.2 percent for Q1-16 to $6,191 million from $5,777 million, the highest first-quarter organic revenue growth in the last 8 years, which TWC says was driven by accelerated growth in Residential Services and strong growth in Business Services.

    Adjusted OIBDA was up 8.2 percent to $2,199 million for Q1-16 from $1,996 million in Q1-15. This again was the highest first-quarter organic Adjusted OIBDA growth in the last 6 years.Operating Income increased 5.6 percent to $1,145 million from $1,094 millionwhich TWC says reflects higher depreciation expense from TWC Maxx and other capital investments.

    Company speak

    TWC chairman and CEO Rob Marcus said: “Our first-quarter results are the clearest indication yet that our efforts over the last 27 months are paying off. We have made our network more reliable, our products more compelling and our customer service far better. We’ve refined our marketing, enhanced our sales channels and strengthened our retention capability. All of that has driven robust customer growth, which in Q1 translated into very strong revenue and OIBDA growth. I couldn’t be prouder of what our talented, committed, passionate team has accomplished.”

    Segment numbers

    Residential Services

    Residential Services revenue in Q1-16 increased as a result of increases in High-speed data, Video and Voice revenue which were driven by growth in subscribers across all the three services. Residential Video and High-speed data were also boosted by higher average revenue per user (ARPU), while Voice revenue growth was offset by lower ARPU.

    Residential Video services revenue increased 1.6 percent year-on-year (YoY) to $2,508 million in Q1-16 as compared to $2,468 million in Q1-15. Residential High speed data revenue increased 11.9 percent YoY in the current quarter to $1,897 million from $1,696 million. Residential Voice revenue increased 6.6 percent YoY to $504 million in Q1-2016 from $473 million. ‘Other’ revenue increased by $one million (4.2 percent) in Q1-16 to $25 million as compared to $25 million in Q1-15.

    Residential Services Adjusted OIBDA increased 5.4 percent YoY in Q1-16 to $2,193 million from $2,087 million driven by the increase in revenue, partially offset by a 6.2 percent increase in operating costs. The increase in operating costs resulted from higher programming, sales and marketing and technical operations costs, partially offset by a decrease in other operating costs. Programming costs per video subscriber increased 8.8 percent in Q1-16 to $46 from $42.28 in Q1-15. Voice costs per voice subscriber declined to $3.30 in the current quarter from $3.68 in the corresponding year ago quarter.

    ARPU

    Total Residential Customer Relationship consolidated ARPU increased 2.5 percent to $129.06 in Q1-16 as compared to $125.94 in Q1-15. NetResidential Customer Relationship ARPU in the current quarter increased 1.4 percent to $107.96 as compared to $106.46 in Q1-15.

    Residential Customer Relationship Video ARPU increased 1.3 percent to $77.25 in Q1-16 from $77.26 in Q1-15. Residential Customer Relationship speed data ARPU increased 3.1 percent in the current quarter to $49.32 from $47.82 in Q1-15. Residential Customer Relationship Voice ARPU in Q1-16 declined 9.6 percent to $26.23 from $29 in Q1-15.

    Business Services

    Business Services revenue (BS) growth was primarily due to increases in high-speed data and voice subscribers and growth in wholesale transport revenue. BS revenue increased 13.4 percent YoY in Q1-16 to $886 million from $781 million in the corresponding quarter of last year.

    The segment’s Adjusted OIBDA grew 11.9 percent YoY to $536 million in the current quarter from $479 million in Q1-15. Adjusted OIBDA increasewas driven by growth in revenue, partially offset by a 15.9% increase in operating costs and expenses, primarily due to increased headcount and higher compensation costs per employee, as well as growth in programming, voice and marketing costs.

    BS Video revenue grew 6.4 percent YoY in Q1-16 $100 million form $94 million. BS High speed data revenue grew 18.9 percent to $447 million in Q1-16 as compared to $376 million in the corresponding quarter of the previous year. BS Voice revenue in Q1-16 increased 13.4 percent YoY in the current quarter to $161 million from $142 million in the corresponding year ago quarter. BS Wholesale transport revenue increased 7.4 percent YoY in Q1-16 to $130 million from $121 million. ‘Other’ revenue remained flat at $48 million for Q1-16 and Q1-15.

    Other Operations

    Other operations include Advertising. Total revenue from other operations increased 10.6 percent to $244 million in Q1-16 from $230 million in Q1-2015. Adjusted EBIDTA increased 18.4 percent YoY in the current quarter to $193 million from $163 million.

    Advertising revenue in Q1-16 increased 6.1 percent to $244 million from $230 million in Q1-15.  Advertising revenue increased primarily due to growth in political advertising revenue.‘Other’ revenue increased 16.7 percent YoY in the current quarter to $196 million from $198 million.Other revenue increased primarily due to the recognition of approximately $20 million of revenue associated with the settlement of a contractual dispute, as well as an increase in affiliate fees from the Residential Services segment and other distributors of the Los Angeles Lakers’ regional sports networks and SportsNet LA.

     

  • Q1-16: Time Warner Cable adds 21K video subscribers; revenue & income up

    Q1-16: Time Warner Cable adds 21K video subscribers; revenue & income up

    BENGALURU:  Following on from the previous quarter’s reversal in subscriber acquisitions, US triple play services player Time Warner Cable Inc., (TWC) reported net addition of 21,000 Video subscribers in the quarter ended 31 March 2016 (Q1-16, current quarter). Last quarter (Q4-15), for the first time since 2006, TWC had reported net video subscriber additions.

    The company reported best ever customer relationship net additionsfor Q1-16across the three services that it provides.Customer relationship net additions for Q1-2016 were 236,000 with Video net additions of 21,000, High-speed data net additions of 314,000 and Voice net additions of 178,000.

    Revenue grew 7.2 percent for Q1-16 to $6,191 million from $5,777 million, the highest first-quarter organic revenue growth in the last 8 years, which TWC says was driven by accelerated growth in Residential Services and strong growth in Business Services.

    Adjusted OIBDA was up 8.2 percent to $2,199 million for Q1-16 from $1,996 million in Q1-15. This again was the highest first-quarter organic Adjusted OIBDA growth in the last 6 years.Operating Income increased 5.6 percent to $1,145 million from $1,094 millionwhich TWC says reflects higher depreciation expense from TWC Maxx and other capital investments.

    Company speak

    TWC chairman and CEO Rob Marcus said: “Our first-quarter results are the clearest indication yet that our efforts over the last 27 months are paying off. We have made our network more reliable, our products more compelling and our customer service far better. We’ve refined our marketing, enhanced our sales channels and strengthened our retention capability. All of that has driven robust customer growth, which in Q1 translated into very strong revenue and OIBDA growth. I couldn’t be prouder of what our talented, committed, passionate team has accomplished.”

    Segment numbers

    Residential Services

    Residential Services revenue in Q1-16 increased as a result of increases in High-speed data, Video and Voice revenue which were driven by growth in subscribers across all the three services. Residential Video and High-speed data were also boosted by higher average revenue per user (ARPU), while Voice revenue growth was offset by lower ARPU.

    Residential Video services revenue increased 1.6 percent year-on-year (YoY) to $2,508 million in Q1-16 as compared to $2,468 million in Q1-15. Residential High speed data revenue increased 11.9 percent YoY in the current quarter to $1,897 million from $1,696 million. Residential Voice revenue increased 6.6 percent YoY to $504 million in Q1-2016 from $473 million. ‘Other’ revenue increased by $one million (4.2 percent) in Q1-16 to $25 million as compared to $25 million in Q1-15.

    Residential Services Adjusted OIBDA increased 5.4 percent YoY in Q1-16 to $2,193 million from $2,087 million driven by the increase in revenue, partially offset by a 6.2 percent increase in operating costs. The increase in operating costs resulted from higher programming, sales and marketing and technical operations costs, partially offset by a decrease in other operating costs. Programming costs per video subscriber increased 8.8 percent in Q1-16 to $46 from $42.28 in Q1-15. Voice costs per voice subscriber declined to $3.30 in the current quarter from $3.68 in the corresponding year ago quarter.

    ARPU

    Total Residential Customer Relationship consolidated ARPU increased 2.5 percent to $129.06 in Q1-16 as compared to $125.94 in Q1-15. NetResidential Customer Relationship ARPU in the current quarter increased 1.4 percent to $107.96 as compared to $106.46 in Q1-15.

    Residential Customer Relationship Video ARPU increased 1.3 percent to $77.25 in Q1-16 from $77.26 in Q1-15. Residential Customer Relationship speed data ARPU increased 3.1 percent in the current quarter to $49.32 from $47.82 in Q1-15. Residential Customer Relationship Voice ARPU in Q1-16 declined 9.6 percent to $26.23 from $29 in Q1-15.

    Business Services

    Business Services revenue (BS) growth was primarily due to increases in high-speed data and voice subscribers and growth in wholesale transport revenue. BS revenue increased 13.4 percent YoY in Q1-16 to $886 million from $781 million in the corresponding quarter of last year.

    The segment’s Adjusted OIBDA grew 11.9 percent YoY to $536 million in the current quarter from $479 million in Q1-15. Adjusted OIBDA increasewas driven by growth in revenue, partially offset by a 15.9% increase in operating costs and expenses, primarily due to increased headcount and higher compensation costs per employee, as well as growth in programming, voice and marketing costs.

    BS Video revenue grew 6.4 percent YoY in Q1-16 $100 million form $94 million. BS High speed data revenue grew 18.9 percent to $447 million in Q1-16 as compared to $376 million in the corresponding quarter of the previous year. BS Voice revenue in Q1-16 increased 13.4 percent YoY in the current quarter to $161 million from $142 million in the corresponding year ago quarter. BS Wholesale transport revenue increased 7.4 percent YoY in Q1-16 to $130 million from $121 million. ‘Other’ revenue remained flat at $48 million for Q1-16 and Q1-15.

    Other Operations

    Other operations include Advertising. Total revenue from other operations increased 10.6 percent to $244 million in Q1-16 from $230 million in Q1-2015. Adjusted EBIDTA increased 18.4 percent YoY in the current quarter to $193 million from $163 million.

    Advertising revenue in Q1-16 increased 6.1 percent to $244 million from $230 million in Q1-15.  Advertising revenue increased primarily due to growth in political advertising revenue.‘Other’ revenue increased 16.7 percent YoY in the current quarter to $196 million from $198 million.Other revenue increased primarily due to the recognition of approximately $20 million of revenue associated with the settlement of a contractual dispute, as well as an increase in affiliate fees from the Residential Services segment and other distributors of the Los Angeles Lakers’ regional sports networks and SportsNet LA.

     

  • ICRA upgrades Siti Cable’s long term rating to A-

    ICRA upgrades Siti Cable’s long term rating to A-

    MUMBAI:  Long term rating on term loans for Siti Cable Network Limited, an Essel Group Company, has been upgraded by credit rating agency ICRA. ICRA has upgraded the long-term rating of Siti Cable to [ICRA] A- from [ICRA] BBB+. Further ICRA has a [ICRA] AA (SO) outstanding rating on the term loan facility of Siti Cable. The outlook on the ratings is ‘stable’.

    Siti Cable ED and CEO V D Wadhwa said,“We welcome this upgrade in SITI Cable’s credit rating and thank ICRA for re-affirming SITI Cable’s growth story. Improvement in profitability, growth in Digital Subscriber base, continuous focus on operational excellence and promoter’s confidence in sustainable growth of the company, have all been the drivers for SITI Cable’s growth. SITI Cable has been at the forefront in offering great value to customers through video and broadband services.” 

    The rating upgrade takes into account the recent equity infusion from the promoter group (Rs. 530 crores in February 2016) and the improving operating performance of Siti Cable, which is expected to result in an improvement in the credit profile of the company. ICRA also noted that being an Essel Group entity, Siti Cable has been benefitting from regular financial support from the promoter group. The promoters had infused fresh funding in Q3-2016 (quarter ended 31 December 2015).

    While the transitioning of the cable TV system in India from analog to digital is underway, ICRA reinforced the belief that Siti Cable’s execution risk is mitigated by the management team’s extensive experience in various areas of the television and media industry. The rating also factors in Siti Cable’s `status as one of the largest multi system operators (MSOs) in India in terms of its cable universe of 1.22 crore subscribers as of December 201) and revenues Rs  905.9 crore in FY-2015 (year ended 31 March 2015) as well as the high growth potential of digital cable services in India.

    ICRA has also noted Siti Cable’s significant investments in consumer premise equipment towards conversion of analog subscribers to digital.

    Buoyed by DAS Phase III, Siti Cable achieved a financial turn-around for the first time by reporting Profit Before Tax of Rs 56 crore in Q3-2016.

  • ICRA upgrades Siti Cable’s long term rating to A-

    ICRA upgrades Siti Cable’s long term rating to A-

    MUMBAI:  Long term rating on term loans for Siti Cable Network Limited, an Essel Group Company, has been upgraded by credit rating agency ICRA. ICRA has upgraded the long-term rating of Siti Cable to [ICRA] A- from [ICRA] BBB+. Further ICRA has a [ICRA] AA (SO) outstanding rating on the term loan facility of Siti Cable. The outlook on the ratings is ‘stable’.

    Siti Cable ED and CEO V D Wadhwa said,“We welcome this upgrade in SITI Cable’s credit rating and thank ICRA for re-affirming SITI Cable’s growth story. Improvement in profitability, growth in Digital Subscriber base, continuous focus on operational excellence and promoter’s confidence in sustainable growth of the company, have all been the drivers for SITI Cable’s growth. SITI Cable has been at the forefront in offering great value to customers through video and broadband services.” 

    The rating upgrade takes into account the recent equity infusion from the promoter group (Rs. 530 crores in February 2016) and the improving operating performance of Siti Cable, which is expected to result in an improvement in the credit profile of the company. ICRA also noted that being an Essel Group entity, Siti Cable has been benefitting from regular financial support from the promoter group. The promoters had infused fresh funding in Q3-2016 (quarter ended 31 December 2015).

    While the transitioning of the cable TV system in India from analog to digital is underway, ICRA reinforced the belief that Siti Cable’s execution risk is mitigated by the management team’s extensive experience in various areas of the television and media industry. The rating also factors in Siti Cable’s `status as one of the largest multi system operators (MSOs) in India in terms of its cable universe of 1.22 crore subscribers as of December 201) and revenues Rs  905.9 crore in FY-2015 (year ended 31 March 2015) as well as the high growth potential of digital cable services in India.

    ICRA has also noted Siti Cable’s significant investments in consumer premise equipment towards conversion of analog subscribers to digital.

    Buoyed by DAS Phase III, Siti Cable achieved a financial turn-around for the first time by reporting Profit Before Tax of Rs 56 crore in Q3-2016.

  • Hathway launches new music and movie channels

    Hathway launches new music and movie channels

    MUMBAI: Hathway has launched a series of four new channels in the music & movie genres as they set on an ambitious roadmap to create a robust bouquet of channels which will offer Hathway subscribers, the best of entertainment package exclusively.

    The four new channels- Djay, Lamhe, Home Theatre and Marathi Talkies have been designed and packaged in a new vibrant, dynamic and cutting-edge look providing a sophisticated, satellite-like experience to Hathway subscribers, thus, offering them wide array of content with a fresh appeal.

    In the present day & age where consumer demands are growing and content is becoming accessible across multiple platforms, several broadcasters have been launching channels in different genres to cater to varied audiences and increasing reach. It is very rare for a TV platform, especially, a digital Cable platform to come out with contemporary channels which offer the best, customised content in a way which appeals to mass segments of consumers. Hathway is one of the only large MSOs that consist of a series of in-house channels, both pan-India as well as regionally. The launch of these 4 new channels adds to the strong existing line-up and with its distinctive approach& innovation in design, content & technology, Hathway is changing the way cable channels are perceived by giving it a contemporary, modern look which can match & compete with any of the satellite channels.

    DJAY-Music Redefined and Lamhe-Music Forever are the music channels from the Hathway stable which will bring the best of new and old melodies to music-lovers. While DJAY is Infinite, Young & Energetic bringing latest Bollywood tracks from the 2000 era which will appeal to the Gen-X,LAMHE brings back the old melodious flavour in a new-age persona by reliving the golden era of 50’s to 80’s.Moving on from the music genre, the 2 new movies channels- HOME THEATRE-Entertainment Recharged & MARATHI TALKIES-Cinema Aaplapacks the best blockbusters from Hindi & Marathi cinema, respectively.  With its slick and youthful packaging, HOME THEATRE will provide the best &latest moviesfrom multiple genres like action, romance, thriller, comedy, family etc. The new entrant, MARATHI TALKIESinspired by the warm, rustic, earthy yet colourful Marathi flavour will offer the best of old & new Marathi movies.

    Commenting on the launch of the new channels,  Hathway Cable & Datacom managing director & CEO Jagdish Kumar said, “As we move ahead to build the Hathway brand and achieve our business objectives, we have set another big milestone to launch a dedicated bouquet of channels which will redefine the way consumers look at Digital Cable channels. These 4 new channels are a start to our endeavor of creating a strong bouquet in multiple genres which will add a new dimension to Hathway and offer varied content to our loyal subscribers.”

    With the digitization era moving ahead towards its sunset and fast-changing trends, consumers are looking at new avenues to consume entertainment content. Some of the best international channels in the entertainment, movies, kids, sports and other domains are built on insights of how a consumer associates with the channels as a personal tool for entertainment, in terms of its style, quality and efficacy of content. Hathways’ new channels have been designed on this very insight that content packaged in the right way and with technology upgrade is the new mantra to bringing consumers closer to entertainment. To build hype and buzz about the channels, Hathway has launched teasers campaigns both offline and online and will be doing a series of marketing activities in the coming days across Print, TV (internal and cross), Digital, PR and OOH to create consumer and trade awareness.

    Hathway Cable & Datacom Video business president T.S. Panesar said, “With DJAY, LAMHE, HOME THEATRE, MARATHI TALKIES, we have started on an aggressive journey to create a potent line-up which will match the best of satellite channels and offer similar experience to our consumers. We are changing the face of cable channels in India by investing in content, technology, design, aesthetics, packagingwhich is young & dynamic and appeals to younger audiences. These channels will add a new dimension to our business, giving us an edge over competition and help us grow to the next level. Very soon, we will reposition & rebrand the entire existing stable of channels to have a strong family. ”

    From today, 25th April, DJAY, LAMHE and HOME THEATRE will be available across the country for Hathway subscribers while MARATHI TALKIES can be enjoyed only by audiences in Maharashtra. The channels will be available on FTA basis for now and part of the BST and Prime packs. The company is also working aggressively to build strong revenue from advertising sales and subscription in days to come.

     

  • Hathway launches new music and movie channels

    Hathway launches new music and movie channels

    MUMBAI: Hathway has launched a series of four new channels in the music & movie genres as they set on an ambitious roadmap to create a robust bouquet of channels which will offer Hathway subscribers, the best of entertainment package exclusively.

    The four new channels- Djay, Lamhe, Home Theatre and Marathi Talkies have been designed and packaged in a new vibrant, dynamic and cutting-edge look providing a sophisticated, satellite-like experience to Hathway subscribers, thus, offering them wide array of content with a fresh appeal.

    In the present day & age where consumer demands are growing and content is becoming accessible across multiple platforms, several broadcasters have been launching channels in different genres to cater to varied audiences and increasing reach. It is very rare for a TV platform, especially, a digital Cable platform to come out with contemporary channels which offer the best, customised content in a way which appeals to mass segments of consumers. Hathway is one of the only large MSOs that consist of a series of in-house channels, both pan-India as well as regionally. The launch of these 4 new channels adds to the strong existing line-up and with its distinctive approach& innovation in design, content & technology, Hathway is changing the way cable channels are perceived by giving it a contemporary, modern look which can match & compete with any of the satellite channels.

    DJAY-Music Redefined and Lamhe-Music Forever are the music channels from the Hathway stable which will bring the best of new and old melodies to music-lovers. While DJAY is Infinite, Young & Energetic bringing latest Bollywood tracks from the 2000 era which will appeal to the Gen-X,LAMHE brings back the old melodious flavour in a new-age persona by reliving the golden era of 50’s to 80’s.Moving on from the music genre, the 2 new movies channels- HOME THEATRE-Entertainment Recharged & MARATHI TALKIES-Cinema Aaplapacks the best blockbusters from Hindi & Marathi cinema, respectively.  With its slick and youthful packaging, HOME THEATRE will provide the best &latest moviesfrom multiple genres like action, romance, thriller, comedy, family etc. The new entrant, MARATHI TALKIESinspired by the warm, rustic, earthy yet colourful Marathi flavour will offer the best of old & new Marathi movies.

    Commenting on the launch of the new channels,  Hathway Cable & Datacom managing director & CEO Jagdish Kumar said, “As we move ahead to build the Hathway brand and achieve our business objectives, we have set another big milestone to launch a dedicated bouquet of channels which will redefine the way consumers look at Digital Cable channels. These 4 new channels are a start to our endeavor of creating a strong bouquet in multiple genres which will add a new dimension to Hathway and offer varied content to our loyal subscribers.”

    With the digitization era moving ahead towards its sunset and fast-changing trends, consumers are looking at new avenues to consume entertainment content. Some of the best international channels in the entertainment, movies, kids, sports and other domains are built on insights of how a consumer associates with the channels as a personal tool for entertainment, in terms of its style, quality and efficacy of content. Hathways’ new channels have been designed on this very insight that content packaged in the right way and with technology upgrade is the new mantra to bringing consumers closer to entertainment. To build hype and buzz about the channels, Hathway has launched teasers campaigns both offline and online and will be doing a series of marketing activities in the coming days across Print, TV (internal and cross), Digital, PR and OOH to create consumer and trade awareness.

    Hathway Cable & Datacom Video business president T.S. Panesar said, “With DJAY, LAMHE, HOME THEATRE, MARATHI TALKIES, we have started on an aggressive journey to create a potent line-up which will match the best of satellite channels and offer similar experience to our consumers. We are changing the face of cable channels in India by investing in content, technology, design, aesthetics, packagingwhich is young & dynamic and appeals to younger audiences. These channels will add a new dimension to our business, giving us an edge over competition and help us grow to the next level. Very soon, we will reposition & rebrand the entire existing stable of channels to have a strong family. ”

    From today, 25th April, DJAY, LAMHE and HOME THEATRE will be available across the country for Hathway subscribers while MARATHI TALKIES can be enjoyed only by audiences in Maharashtra. The channels will be available on FTA basis for now and part of the BST and Prime packs. The company is also working aggressively to build strong revenue from advertising sales and subscription in days to come.

     

  • Hathway CCN to launch 48 HD channels in Chhattisgarh

    Hathway CCN to launch 48 HD channels in Chhattisgarh

    MUMBAI: Hathway CCN will be setting up a digital head-end in the state of Chhattisgarh and becoming one of the first MSOs in the country to launch and offer 48 HD channels to digital cable subscribers across the entire state.

    Hathway CCN, which has major, dominant operations across Chhattisgarh, will be offering a wide array of digital services and channels through the new head-end which would provide high-quality and best in class experience to its cable subscribers.

    Speaking on the launch of the new digital head-end,  Hathway CCN director Abhishek Agrawal  said, “This is the first amongst the many digital head-ends which will be installed across Chhattisgarh and the re-distribution of 48 HD channels is yet another progressive step taken by us to express our commitment and dedication to offering the best entertainment to our consumers. As an organization, we are continuously working and reinventing our services to match the growing demands of our subscribers.”

    At a time, when MSOs across the country are working aggressively towards completion of the digitization mandates, such initiatives are a welcome move across stakeholders, subscribers, LCOs, broadcasters and will strengthen and boost consumer confidence as they seek cutting-edge entertainment experience from digital cable.

    Agrawal further added, “We understand the dynamics of committing to such services, especially, when we serve multiple locations from one head-end, but this is the need of the hour to remain competitive and grow. Next in line, would be our value added and high speed broadband services which will provide a potent combination of entertainment services to our consumers.”

    As the cable industry moves towards the end of the digitization phase, providing strong, digital quality entertainment to subscribers would be the big move that will make the industry take the next leap.

  • Hathway CCN to launch 48 HD channels in Chhattisgarh

    Hathway CCN to launch 48 HD channels in Chhattisgarh

    MUMBAI: Hathway CCN will be setting up a digital head-end in the state of Chhattisgarh and becoming one of the first MSOs in the country to launch and offer 48 HD channels to digital cable subscribers across the entire state.

    Hathway CCN, which has major, dominant operations across Chhattisgarh, will be offering a wide array of digital services and channels through the new head-end which would provide high-quality and best in class experience to its cable subscribers.

    Speaking on the launch of the new digital head-end,  Hathway CCN director Abhishek Agrawal  said, “This is the first amongst the many digital head-ends which will be installed across Chhattisgarh and the re-distribution of 48 HD channels is yet another progressive step taken by us to express our commitment and dedication to offering the best entertainment to our consumers. As an organization, we are continuously working and reinventing our services to match the growing demands of our subscribers.”

    At a time, when MSOs across the country are working aggressively towards completion of the digitization mandates, such initiatives are a welcome move across stakeholders, subscribers, LCOs, broadcasters and will strengthen and boost consumer confidence as they seek cutting-edge entertainment experience from digital cable.

    Agrawal further added, “We understand the dynamics of committing to such services, especially, when we serve multiple locations from one head-end, but this is the need of the hour to remain competitive and grow. Next in line, would be our value added and high speed broadband services which will provide a potent combination of entertainment services to our consumers.”

    As the cable industry moves towards the end of the digitization phase, providing strong, digital quality entertainment to subscribers would be the big move that will make the industry take the next leap.