ITV

Tag: broadband service provider

  • Den Networks posts consolidated revenues of Rs 294 cr in Q3 FY22

    Den Networks posts consolidated revenues of Rs 294 cr in Q3 FY22

    Mumbai: Den Networks has released its financial results for the third quarter of FY 2022. The company reported consolidated revenue of Rs 294 crore and consolidated EBITDA of Rs 50 crore. It reported a profit after tax of Rs 44 crore and cash and cash equivalents stood at Rs 2525 crore.

    The company saw subscription revenues at Rs 177 crore a decline of three per cent quarter-on-quarter and 12 per cent year-on-year. Its income from marketing/placement stood at Rs 86 crore, a decline of 12 per cent QoQ and 19 per cent YoY. Other operating income stood at Rs 12 crore a 52 per cent decline QoQ but a 70 per cent increase YoY. Its activation revenues stood at Rs 20 crore, a five per cent decline QoQ and 30 per cent decline YoY.

    The company’s content costs stood at Rs 149 crore, a seven per cent decline compared to the previous quarter and an eight per cent decline YoY. Personnel costs stood at Rs 20 crore and other operational expenses at Rs 70 crore.

    Den Networks operates a cable TV distribution business spread across 500+ cities/towns in 13 states and a broadband business that is available across 41 cities/towns in India. 

  • GTPL Hathway announces partnership with Aprecomm

    GTPL Hathway announces partnership with Aprecomm

    Mumbai: Cable TV distribution and broadband service provider GTPL Hathway Ltd on Monday announced the investment in innovative technology to remotely optimise its residential Wi-Fi connections through a partnership with Aprecomm.

    The technology will help GTPL bring down the customer issue resolution time and enhance customer experience on its network of 700K+ connected broadband households. Aprecomm’s AI engine allows GTPL to convert its household connections to AI-enabled smart Wi-Fi access points. Additionally, the technology offers proactive monitoring and measuring of the wireless experience of the connected devices and provides real-time insights to improve the reliability and performance of the network, said the statement.

    “GTPL believes in continuous investments in technology to keep innovating and enhance the consumers’ delight,” said GTPL Hathway managing director Anirudhsinh Jadeja. “The partnership with Aprecomm will aid us in our efforts to ensure the best experience for our broadband consumers with a faster and proactive resolution of potential issues.”

    “We are delighted to collaborate with GTPL and bring the latest technology into their network which can assist them with up to 50 per cent reduction in customer support handling time and phenomenal improvement to the customer experience,” said Aprecomm CEO Pramod Gummaraj. “We are looking forward to bringing more innovation in the Network Automation in the coming months.”

    The measurable improvements offered by the integration between GTPL and Aprecomm also lead to lower maintenance costs and improved customer satisfaction for the internet service provider.

    “With Aprecomm’s vendor-agnostic technology, GTPL is now able to manage and monitor ONUs through a unified interface, ensuring assured internet experience to their customers,” said Aprecomm CTO Guharajan Sivakumar.

    “We have already started deploying this technology and could measure the customer experience with ease and take proactive actions to improve it,” stated GTPL Hathway CTO Prasad V. “Aprecomm’s technology immensely helps us to achieve network automation.”