ITV

Tag: Hathway

  • Hathway board clears GTPL IPO

    Hathway board clears GTPL IPO

    MUMBAI: Even as naysayers have been saying investor sentiment is pretty negative about the cable TV distribution sector in India, here is a company which is looking to swim against the tide. Cable TV and broadband internet services provider Hathway Cable & Datcom’s board today gave it the thumbs up to make an initial public offering for its subsidiary outfit GTPL Hathway.

    GTPL Hathway offers cable TV and broadband services in many cities in India among which figure Pune, Ahmedabad and Kolkata.

    The board gave approval to the IPO proposal which seeks to raise funds for GTPL through a fresh issue of equity shares while giving an option to existing GTPL shareholders to sell their holdings. Hathway holds around nine million shares in GTPL, according to a filing wih the Bombay stock exchange on Wednesday.

    The Hathway board also gave a go-ahead to the proposal to set up a committee to work on the various aspects of the proposed IPO including regulatory and shareholder approvals. Of course, all these proposals would be subject to shareholder and regulatory approval.

    Hathway has 23 headends in 160 cities nationwide and its cable TV service subscriber base as on 31 March 2016 was 12.3 million with 10.6 million of them having migrated to digital cable TV. It had a broadband susbscriber base of 627,000 even as it passed 3.3 million homes. 2.4 million of the cable TV subscribers were in phase I areas; 4.2 million in phase II, while its phase III and IV universe was at 4.1 million.

  • Hathway board clears GTPL IPO

    Hathway board clears GTPL IPO

    MUMBAI: Even as naysayers have been saying investor sentiment is pretty negative about the cable TV distribution sector in India, here is a company which is looking to swim against the tide. Cable TV and broadband internet services provider Hathway Cable & Datcom’s board today gave it the thumbs up to make an initial public offering for its subsidiary outfit GTPL Hathway.

    GTPL Hathway offers cable TV and broadband services in many cities in India among which figure Pune, Ahmedabad and Kolkata.

    The board gave approval to the IPO proposal which seeks to raise funds for GTPL through a fresh issue of equity shares while giving an option to existing GTPL shareholders to sell their holdings. Hathway holds around nine million shares in GTPL, according to a filing wih the Bombay stock exchange on Wednesday.

    The Hathway board also gave a go-ahead to the proposal to set up a committee to work on the various aspects of the proposed IPO including regulatory and shareholder approvals. Of course, all these proposals would be subject to shareholder and regulatory approval.

    Hathway has 23 headends in 160 cities nationwide and its cable TV service subscriber base as on 31 March 2016 was 12.3 million with 10.6 million of them having migrated to digital cable TV. It had a broadband susbscriber base of 627,000 even as it passed 3.3 million homes. 2.4 million of the cable TV subscribers were in phase I areas; 4.2 million in phase II, while its phase III and IV universe was at 4.1 million.

  • Hathway goes mobile with Hathway Connect

    Hathway goes mobile with Hathway Connect

    MUMBAI: Hathway has taken its path breaking LCO portal- Hathway Connect to the next level by launching the Mobile APP version for its local cable operators (LCOs), which will further enhance and empower the operators in strengthening their business operations while “On The Move.”

    As the cable industry is paving its way through the digitization phase, technology is transcending to new platform avenues. Shifting from online to mobile gives the necessary, added tool to our LCOs to manage their business from anywhere and be more widely connected with their subscribers. They no longer need to be restricted to the confines of their offices and can easily manage their subscriber base from any location, thus, creating better efficiencies, communication and turnaround time.

    Commenting on the launch of the Mobile APP of Hathway Connect, Hathway Cable and Datacom video business president Tavinderjit Panesar said, The “Hathway Connect” online portal has been a huge success as operators have benefitted by an increase in their collections from customers. Further, there was a demand from our LCOs for a mobile version which would enable them to operate from anywhere, anytime. This transformational initiative needs to be beyond traditional platforms and this mobile APP will take customer experience to the next level and improve & speed up the operational process in our distribution chain and strengthen brand ‘Hathway.’

    Hathway Connects’ Mobile APP will be available for download on Android only and will provide all major functionalities of the online portal version required by the LCOs for conducting daily operations in an easy and convenient way. The mobile APP facilitates a series of features to LCOs such as Balance management including instant top-up of his online account with immediate credit, Pack management (renew pack, add new packs or change existing packs), bulk renewal and activation of packs in almost real-time, managing & monitoring of ground collections through field executives, thus, enhancing customer experience. The APP also sends SMS updates to customers for renewals done and the LCO can provide a printed payment receipt to customers via a Bluetooth-enabled printer.

  • Hathway goes mobile with Hathway Connect

    Hathway goes mobile with Hathway Connect

    MUMBAI: Hathway has taken its path breaking LCO portal- Hathway Connect to the next level by launching the Mobile APP version for its local cable operators (LCOs), which will further enhance and empower the operators in strengthening their business operations while “On The Move.”

    As the cable industry is paving its way through the digitization phase, technology is transcending to new platform avenues. Shifting from online to mobile gives the necessary, added tool to our LCOs to manage their business from anywhere and be more widely connected with their subscribers. They no longer need to be restricted to the confines of their offices and can easily manage their subscriber base from any location, thus, creating better efficiencies, communication and turnaround time.

    Commenting on the launch of the Mobile APP of Hathway Connect, Hathway Cable and Datacom video business president Tavinderjit Panesar said, The “Hathway Connect” online portal has been a huge success as operators have benefitted by an increase in their collections from customers. Further, there was a demand from our LCOs for a mobile version which would enable them to operate from anywhere, anytime. This transformational initiative needs to be beyond traditional platforms and this mobile APP will take customer experience to the next level and improve & speed up the operational process in our distribution chain and strengthen brand ‘Hathway.’

    Hathway Connects’ Mobile APP will be available for download on Android only and will provide all major functionalities of the online portal version required by the LCOs for conducting daily operations in an easy and convenient way. The mobile APP facilitates a series of features to LCOs such as Balance management including instant top-up of his online account with immediate credit, Pack management (renew pack, add new packs or change existing packs), bulk renewal and activation of packs in almost real-time, managing & monitoring of ground collections through field executives, thus, enhancing customer experience. The APP also sends SMS updates to customers for renewals done and the LCO can provide a printed payment receipt to customers via a Bluetooth-enabled printer.

  • S.N. Sharma quits Reliance

    S.N. Sharma quits Reliance

    MUMBAI: Cable distribution veteran SN Sharma has quit Reliance Jio, a subsidiary of Mukesh Ambani promoted Reliance Industries Ltd (RIL).

    Sources in RIL confirmed that Sharma has put in his papers last week.

    Sharma had joined RIL’s media-cum-telecom venture Reliance Jio in 2015  and was brought on board to lead the cable distribution business of the organisation.

    RIL, which through a subsidiary company has a licence to operate as an MSO, had also brought in former Hathway Datacom chief executive K. Jayaraman to head its distribution business and Sharma reported into him.

    As part of  Reliance Jio, Sharma and Jayaraman were entrusted to build a business plan for distribution of TV channels owned by Reliance that were managed under Network18 Media and Investments Ltd.

    With an experience of more than 20 years in electronic media and cable distribution, Sharma is credited with playing a crucial role in building thw Sameer Manchanda-promoted Den Networks and Rahejas-owned Hathway.

    RIL, which owns and controls the Network18 group that operates a clutch of TV channels, has widespread interest in media, telecom, petroleum and energy sectors.

    Through its subsidiary TV18 Broadcast Limited, the group operates news channels CNBC-TV18, CNBC Awaaz, CNBC Bajar, CNBC-TV18 Prime HD, CNN-News18, IBN7, ETV channels, IBN-Lokmat (a Marathi regional news channel in partnership with the Lokmat group), apart from the newly-launched  FYI TV18.

    TV18 also operates a joint venture with Viacom, called Viacom18, which houses a portfolio of popular entertainment channels like Colors, Colors HD, Colors Infinity, Rishtey, MTV India, MTV Indies, Comedy Central, Vh1, Nick, Sonic, Nick Jr, Teen Nick and Viacom18 Motion Pictures.

  • S.N. Sharma quits Reliance

    S.N. Sharma quits Reliance

    MUMBAI: Cable distribution veteran SN Sharma has quit Reliance Jio, a subsidiary of Mukesh Ambani promoted Reliance Industries Ltd (RIL).

    Sources in RIL confirmed that Sharma has put in his papers last week.

    Sharma had joined RIL’s media-cum-telecom venture Reliance Jio in 2015  and was brought on board to lead the cable distribution business of the organisation.

    RIL, which through a subsidiary company has a licence to operate as an MSO, had also brought in former Hathway Datacom chief executive K. Jayaraman to head its distribution business and Sharma reported into him.

    As part of  Reliance Jio, Sharma and Jayaraman were entrusted to build a business plan for distribution of TV channels owned by Reliance that were managed under Network18 Media and Investments Ltd.

    With an experience of more than 20 years in electronic media and cable distribution, Sharma is credited with playing a crucial role in building thw Sameer Manchanda-promoted Den Networks and Rahejas-owned Hathway.

    RIL, which owns and controls the Network18 group that operates a clutch of TV channels, has widespread interest in media, telecom, petroleum and energy sectors.

    Through its subsidiary TV18 Broadcast Limited, the group operates news channels CNBC-TV18, CNBC Awaaz, CNBC Bajar, CNBC-TV18 Prime HD, CNN-News18, IBN7, ETV channels, IBN-Lokmat (a Marathi regional news channel in partnership with the Lokmat group), apart from the newly-launched  FYI TV18.

    TV18 also operates a joint venture with Viacom, called Viacom18, which houses a portfolio of popular entertainment channels like Colors, Colors HD, Colors Infinity, Rishtey, MTV India, MTV Indies, Comedy Central, Vh1, Nick, Sonic, Nick Jr, Teen Nick and Viacom18 Motion Pictures.

  • Mauli Cable asked to pay Rs 15 lakh to Hathway at time of signing agreement

    Mauli Cable asked to pay Rs 15 lakh to Hathway at time of signing agreement

    NEW DELHI: Mauli Cable Network has been directed by the Telecom Disputes Settlement and Appellate Tribunal to pay upgront a sum of Rs 15 lakh to Hathway Cable and Datacom when signig a fresh interconnect agreement on 28 June at the office of the latter.

    The vacation bench of Member B B Srivastava in its order of 24 June 2016 noted that Mauli had not denied the amount of Rs 33,27,944 but that the invoice had been raised only on 6 June 2016.

    Listing the matter for 8 July 2016, the Tribunal said the balance would be paid within four weeks of its order.

    The Tribunal noted that Mauli was prepared to visit the office of Hathway on 28 June 2016 for signing a new agreement. It also noted that counsel for Hathway said that a representative of Mauli who had earlier turned up for this purpose without any authority to sign the agreement.

    Hathway told the Tribunal that it was providing the signals to Mauli for transmission, thereby answering the question raised by Mauli which had said it was not clear who the agreement was to be signed with.

  • Mauli Cable asked to pay Rs 15 lakh to Hathway at time of signing agreement

    Mauli Cable asked to pay Rs 15 lakh to Hathway at time of signing agreement

    NEW DELHI: Mauli Cable Network has been directed by the Telecom Disputes Settlement and Appellate Tribunal to pay upgront a sum of Rs 15 lakh to Hathway Cable and Datacom when signig a fresh interconnect agreement on 28 June at the office of the latter.

    The vacation bench of Member B B Srivastava in its order of 24 June 2016 noted that Mauli had not denied the amount of Rs 33,27,944 but that the invoice had been raised only on 6 June 2016.

    Listing the matter for 8 July 2016, the Tribunal said the balance would be paid within four weeks of its order.

    The Tribunal noted that Mauli was prepared to visit the office of Hathway on 28 June 2016 for signing a new agreement. It also noted that counsel for Hathway said that a representative of Mauli who had earlier turned up for this purpose without any authority to sign the agreement.

    Hathway told the Tribunal that it was providing the signals to Mauli for transmission, thereby answering the question raised by Mauli which had said it was not clear who the agreement was to be signed with.

  • DAS: No. of MSOs rises to 877, one permanent licensee made provisional

    DAS: No. of MSOs rises to 877, one permanent licensee made provisional

    NEW DELHI: Even as the total number of multi-system operators has risen to 877 including 647 getting provisional licences as the country approaches the deadline for the final phase of the digital addressable system, the number of permanent licensees (up to ten years) has fallen by one to 230.

    Star Broadband Services (India) Pvt Ltd, which earlier had a permanent licence for distributing signals in Delhi, has now been given a provisional licence on its application for pan India distribution. Thus, the number of MSOs has risen by 37 since the last list of 29 April had put the number at 840.

    The Information and Broadcasting Ministry had cancelled the licences of 26 MSOs and closed their cases by 12 January. Ministry sources told indiantelevision.com that the latest reduction in the permanent list could not be deemed as a cancellation since the MSO had come on the provisional list.

    According to the latest list, the area of operation of two MSOs has been revised after 29 April. Unlike the last list, two MSOs – Whitefield Communication and Star Broadband Services – have been given pan-India licences. The new registrations include the states of, or specific districts in, Uttar Pradesh, Haryana, Tamil Nadu, Odisha, Rajasthan, Madhya Pradesh, Maharashtra, Chhatisgarh, Punjab, Telangana, and Andhra Pradesh.

    In an indication of the emphasis on reaching signals in border areas, three MSOs in Jammu and Kashmir and one in Tripura have also received provisional licences since the last list.

    With the Home ministry directive about doing away with security clearances for MSOs not being communicated in writing to the MIB, the pace remains slow.

    The permanent licence issued to Kal Cable of Chennai had been cancelled on 20 August 2014, but this cancellation was set aside by Madras High Court on 5 September the same year. However, Kal Cable’s name continues to be in the cancelled list – presumably because the cases are still pending.

    Sources said that denial of security clearance was not the only reason for provisional licences and said many MSOs holding provisional licences had not completed certain formalities relating to shareholders and so on.

    Hathway CCN Entertainment (India) Pvt. Ltd which is a joint venture with Hathway and Siti Cable is among the new recipients, for Chhatisgarh. Hathway CCN recently set up a digital headend to offer a wide array of digital services and channels. The MSO is offering 48 HD channels for its digital cable TV subscribers in the state. Siti’s newly acquired company Bargachh Digital Communication, in which it has 51 percent stake, has also received registration for six districts of Andhra Pradesh.

  • DAS: No. of MSOs rises to 877, one permanent licensee made provisional

    DAS: No. of MSOs rises to 877, one permanent licensee made provisional

    NEW DELHI: Even as the total number of multi-system operators has risen to 877 including 647 getting provisional licences as the country approaches the deadline for the final phase of the digital addressable system, the number of permanent licensees (up to ten years) has fallen by one to 230.

    Star Broadband Services (India) Pvt Ltd, which earlier had a permanent licence for distributing signals in Delhi, has now been given a provisional licence on its application for pan India distribution. Thus, the number of MSOs has risen by 37 since the last list of 29 April had put the number at 840.

    The Information and Broadcasting Ministry had cancelled the licences of 26 MSOs and closed their cases by 12 January. Ministry sources told indiantelevision.com that the latest reduction in the permanent list could not be deemed as a cancellation since the MSO had come on the provisional list.

    According to the latest list, the area of operation of two MSOs has been revised after 29 April. Unlike the last list, two MSOs – Whitefield Communication and Star Broadband Services – have been given pan-India licences. The new registrations include the states of, or specific districts in, Uttar Pradesh, Haryana, Tamil Nadu, Odisha, Rajasthan, Madhya Pradesh, Maharashtra, Chhatisgarh, Punjab, Telangana, and Andhra Pradesh.

    In an indication of the emphasis on reaching signals in border areas, three MSOs in Jammu and Kashmir and one in Tripura have also received provisional licences since the last list.

    With the Home ministry directive about doing away with security clearances for MSOs not being communicated in writing to the MIB, the pace remains slow.

    The permanent licence issued to Kal Cable of Chennai had been cancelled on 20 August 2014, but this cancellation was set aside by Madras High Court on 5 September the same year. However, Kal Cable’s name continues to be in the cancelled list – presumably because the cases are still pending.

    Sources said that denial of security clearance was not the only reason for provisional licences and said many MSOs holding provisional licences had not completed certain formalities relating to shareholders and so on.

    Hathway CCN Entertainment (India) Pvt. Ltd which is a joint venture with Hathway and Siti Cable is among the new recipients, for Chhatisgarh. Hathway CCN recently set up a digital headend to offer a wide array of digital services and channels. The MSO is offering 48 HD channels for its digital cable TV subscribers in the state. Siti’s newly acquired company Bargachh Digital Communication, in which it has 51 percent stake, has also received registration for six districts of Andhra Pradesh.