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Tag: GTPL Buzz

  • GTPL Hathway: net profit plummets, revenue rises nine per cent in Q2 FY 2025

    GTPL Hathway: net profit plummets, revenue rises nine per cent in Q2 FY 2025

    MUMBAI: Ahmedabad-hqed GTPL Hathway Ltd’s results for Q2 FY 2025 ended on 30 September 2024 are a bit of a mixed bag, according to the company’s filings with the Bombay stock exchange.

    Total consolidated income rose nine per cent to Rs 8,620 million as against Rs 7,900 million in the corresponding quarter of the previous year. Net profit however plunged 62 per cent at Rs 129 million as against Rs 344 million (Q2 FY2024). EBITDA for Q2 FY25 stood at Rs 1,138 million (Rs 1,351 million); EDITDA margin was at 13.2 per cent (17.1 per cent), operating EBITDA margin was at 22 per cent (25.2 per cent).

    GTPL Hathway’s active digital cable TV subscribers rose by 100,000 over the previous year’s corresponding quarter to touch 9.50 million, even as paying subscribers rose by a similar number reaching  8.80 million.

    Its broadband subs also jumped by 50,000 to get to 1.04 million with home passes standing at 5.95 million, a pole vault of 400,000 year on year.  Of the 5.95 million, 75 per cent are FTTX conversion ready, the MSO says. Average revenue per user for broadband stood at a chunky Rs 460 while data consumption per user was 350 GB per month, an increment of 13 per cent year on year.

    According to GTP Hathway managing director Anirudhsinh Jadeja what helped the cable TV MSO retain its no 1 position as the largest operator in the country in Q2 2025 is its sharp focus on innovation and enhancing customer experience. 

    Anubhai (as he is called in the trade) added: “Broadband business is witnessing healthy subscriber growth, propelled by both direct customer additions and with strategic use of our extensive partner network to expand. In the cable business, our efforts are focused on growing our subscriber base through a mix of organic growth and industry consolidation via acquisitions of existing operators and MSOs. This dual strategy strengthens our market position and builds on our success.”

    He explained that the company added the customer app GTPL Buzz, relaunched its website (gtpl.net), introduced TV everywhere, Blacknut cloud gaming, Distro TV, while integrating its AI-enabled app Giva for sales as well as support during the quarter.

    “These customer touchpoints have been designed for a consistent user experience and to deliver seamless interaction across platforms and devices,” said Anubhai.

    GTPL’s shares rose Rs 2.65 to end the day at Rs165.65.

  • GTPL Hathway creates buzz with new services,

    GTPL Hathway creates buzz with new services,

    MUMBAI: It’s hoping that it’s new offering will get its customers buzzing. MSO  GTPL Hathway has announced the launch of its customer application GTPL Buzz. The app enables subscribers to experience new GTPL offerings like TV Everywhere Cloud Gaming and Distro TV and access and manage their accounts with the cable TV MSO and broadband provider. Additional services are planned to be made available within GTPL Buzz in the near future. The app is available on the Android Play store as well as on iOS (Apple Store).

    Cloud Gaming: GTPL Buzz introduces the first-ever commercial launch of Blacknut Cloud Gaming in India. Blacknut Cloud Gaming is the world’s leading pure player cloud gaming service. The subscription-based game streaming service allows GTPL to offer the largest catalogue of premium AAA games with more than 500 premium titles to its customers. With Blacknut Cloud Gaming service, gamers can now enjoy their favorite titles anytime, anywhere, without the need to invest in expensive gaming consoles. With five profiles, everybody in the family can enjoy their favourite games simultaneously across mobiles, tablets, PCs, android set Top boxes as well as smart TVs.

    TV Everywhere: The GTPL Buzz app enables customers with active cable TV and/or broadband connections to view live TV content, anytime – anywhere, on their mobile devices, thus providing them the convenience of watching live TV channels anywhere for the true experience of TV Everywhere. The service, branded as GTPL Live TV, requires customers to simply login with their registered mobile number and enjoy the freedom to watch live TV channels across two additional devices simultaneously while continuing to watch all the available channels on their set top boxes.

    Distro TV: GTPL Buzz has also integrated the Distro TV services, which provides online streaming channels,  including a mix of news, sports, entertainment, and lifestyle content in Indian as well as international languages. This redefines GTPL’s entertainment landscape for its customers, offering seamless access to a global content library through GTPL Buzz. The TV Everywhere services and Distro TV services will also be available on the GTPL website soon.

    In line with the revamp of the app, GTPL’s website (www.gtpl.net) has also been upgraded and revamped with a version which is modern, minimalistic, uncluttered and user friendly. The TV Everywhere and Distro TV services will be available to the entire customer base of GTPL soon, a massive value addition to the existing subscribed GTPL services, at no additional cost. The company services 12 million digital cable TV homes and a million broadband homes; as on June 30, 2024, it has approximately 9.60 million active digital cable TV subs and 1.03 million broadband subscribers and a broadband homepass of about 5.90 million.

    GTPL’s chatbot Giva, recently upgraded and launched on WhatsApp is now available within GTPL Buzz as well as on the revamped website and is planned to be available soon on the GTPL Facebook handle. The enhanced Giva, developed by Yellow.ai, a global leader in conversational AI, offers a one-stop solution for all GTPL services with the implementation of an NLP-trained multimodal AI chatbot, enabling seamless self-service, sales, and support.

    Says GTPL managing director Anirudhsinh Jadeja:  “GTPL has always been at the forefront of introducing technological enhancements to serve the customers’ ever evolving preferences. The launch of GTPL Buzz App and our enhanced Website are a huge step forward in this direction and sets the pace for us to continue exceeding our customer expectations. With the introduction of TV Everywhere services as well as integration of Distro TV services, we are excited to offer customers the convenience of gaining access to a wide range of Indian and international live TV channels on their devices, thus making access to content more inclusive.”

    “The India launch of Blacknut Cloud Gaming services will offer customers the best gaming titles at an economical subscription fee. The enhanced Giva offers 24X7X365 availability of self-help options across multiple modes including WhatsApp, website and GTPL Buzz, in addition to the 24X7 centralized call centre and various social media”, he adds