ITV

Tag: MSO

  • TDSAT directs Sun will continue signals to CK Cable but asks MSO to pay Rs 19.25 lakh

    TDSAT directs Sun will continue signals to CK Cable but asks MSO to pay Rs 19.25 lakh

    NEW DELHI: Even as it said that the protection granted regarding the supply of signals shall continue, the Telecom Disputes Settlement and Appellate Tribunal directed CK Cable Network Pvt Ltd to make an on account payment of Rs 19,25,000 to Sun Distribution Services Pvt. Ltd within a period of three weeks from the date of order.

    Member B B Srivastava said that in addition the MSO will continue to pay the monthly subscription fee at the rate of Rs 3 lakh per month against invoices raised by Sun Distribution on the basis of agreement for the month of August 2016 and onwards till the final disposal of the matter.

    Listing the matter for 28 September 2016, the Tribunal in its order of 12 August 2016 said these payments would be without prejudice to the rights and contention of either parties; and shall be subject to final decision of the Tribunal.

    The Tribunal also directed that the MSO would provide a list of operators who were with him till September 2015 as well as the list of operators who have left his network till date along with the dates when they left. Similarly, the reduction in the number of subscribers with regard to each operator shall also be indicated. This shall be furnished By CK Cable to Sun Distribution within three weeks from the date of order.

    On receipt of the list, Sun Distribution will immediately communicate the date and time for joint survey to the petitioner and the same would be concluded not later than three weeks from the date of receipt of the list.

    During arguments, Sun Distribution counsel Abhishek Malhotra claimed that the MSO owed Rs 38,47,855.21 but this was contested by CK Cable counsel V Deenadayalan who has that the amount payable was only Rs 5,44,390.68.

    The miscellaneous application had been filed by Sun Distribution on the ground that it had followed the earlier order of the Tribunal and continued to supply signals, the MSO had defaulted.

    Deenadayalan drew the attention of the Tribunal to the order dated 1 June 2016 whereby it was clearly directed that since the respondent had not agreed to the reduction in the number of connections shown in the tabular chart handed over by the petitioner and there was a need for joint survey, the two sides will carry out a joint survey on a date and time indicated by the respondent to the petitioner. It was also clarified that the responsibility to initiate and conclude the joint survey will rest solely with Sun Distribution.

  • Siti Cable Network renamed as Siti Networks

    Siti Cable Network renamed as Siti Networks

    MUMBAI: A new name brings in new vibes and possibly a new direction. At least that ‘s what the Essel group is aiming for if one goes by the name change it has resorted to at its national cable TV MSO Siti Cable. Last week, It informed the Bombay stock exchange, that it will be called Siti Networks as it has got shareholders (earlier) and the Registrars’ approval on 5 August for the renaming. The company was originally incorporated as Wire and Wireless (India) Ltd.

    As reported by Indiantelevision.com earlier, Siti Networks reported 29.4 per cent growth in revenue for the fiscal ended 31 March 2016 (FY-16, current fiscal). The company reported revenue of Rs 1213 crore in FY-16 as compared to Rs 937 crore in the previous year. Operating profit (EBIDTA) in the current year increased to Rs 323 crore as compared to Rs 168.4 crore in FY-15.

    The company has reported a profitable turnaround for the first time in its history. Neglecting the impact of minority interest, Siti profit after tax in the current year was Rs 6.84 crore as compared to a loss (without factoring in minority interest) of Rs 101.88 crore in FY-15.The company’s loss in the current year declined to Rs 1.71 crore from a loss of Rs 109.10 crore in FY-15. Siti reported profit before tax (PBT) at Rs 22 crore in FY16 as compared to a negative PBT of Rs 85.2 crore.

    Siti’s cable subscribers in FY-16 grew to 1.22 crore from 1.05 crore reported at the end of FY-15. The growth happened in Q3-16.

    On the other hand the digital subscribers in FY-16 increased to 79 lakh (64.8 percent of cable subscribers) as compared to 53.8 lakh in FY-15 (51.2 percent of cable subscribers). Digital subscribers in the quarter ended 31 March 2016 (Q4-16, current quarter) increased by 11 lakh to 79 lakh as compared to 68 lakh in Q3-16.

    Whereas, the broadband subscribers in FY-16 grew 93.3 percent to1.355 lakh from 0.701 lakh in FY-15. Broadband subscribers in Q3-16 were 1.07 lakh.

  • Siti Cable Network renamed as Siti Networks

    Siti Cable Network renamed as Siti Networks

    MUMBAI: A new name brings in new vibes and possibly a new direction. At least that ‘s what the Essel group is aiming for if one goes by the name change it has resorted to at its national cable TV MSO Siti Cable. Last week, It informed the Bombay stock exchange, that it will be called Siti Networks as it has got shareholders (earlier) and the Registrars’ approval on 5 August for the renaming. The company was originally incorporated as Wire and Wireless (India) Ltd.

    As reported by Indiantelevision.com earlier, Siti Networks reported 29.4 per cent growth in revenue for the fiscal ended 31 March 2016 (FY-16, current fiscal). The company reported revenue of Rs 1213 crore in FY-16 as compared to Rs 937 crore in the previous year. Operating profit (EBIDTA) in the current year increased to Rs 323 crore as compared to Rs 168.4 crore in FY-15.

    The company has reported a profitable turnaround for the first time in its history. Neglecting the impact of minority interest, Siti profit after tax in the current year was Rs 6.84 crore as compared to a loss (without factoring in minority interest) of Rs 101.88 crore in FY-15.The company’s loss in the current year declined to Rs 1.71 crore from a loss of Rs 109.10 crore in FY-15. Siti reported profit before tax (PBT) at Rs 22 crore in FY16 as compared to a negative PBT of Rs 85.2 crore.

    Siti’s cable subscribers in FY-16 grew to 1.22 crore from 1.05 crore reported at the end of FY-15. The growth happened in Q3-16.

    On the other hand the digital subscribers in FY-16 increased to 79 lakh (64.8 percent of cable subscribers) as compared to 53.8 lakh in FY-15 (51.2 percent of cable subscribers). Digital subscribers in the quarter ended 31 March 2016 (Q4-16, current quarter) increased by 11 lakh to 79 lakh as compared to 68 lakh in Q3-16.

    Whereas, the broadband subscribers in FY-16 grew 93.3 percent to1.355 lakh from 0.701 lakh in FY-15. Broadband subscribers in Q3-16 were 1.07 lakh.

  • TDSAT directs ZEEL not to disconnect signals to MSO until next hearing

    TDSAT directs ZEEL not to disconnect signals to MSO until next hearing

    NEW DEHI: The Telecom Disputes Settlement and Appellate Tribunal has directed Zee Entertainment Enterprise Ltd not to disconnect the signals to Bhaskar Cable Network till next date in view of controversy over amounts due.

    However listing the matter for 29 August 2016, member B B Srivastava clarified that this does not preclude both sides to meet and resolve their disputes including concluding
    a fresh interconnect agreement

    The Tribunal also said the petitioner will continue to make payment pursuant to the agreement which expired on 31 March 2016.

    The notice for disconnection was because of non-payment and non-cooperation for audit, according to ZEEL counsel Upender Thakur.

    At the outset, Bhaskar counsel Navin Chawla drew attention of the Tribunal to the communication from the audit entity “Protivity” in the form of email dated 22 December last whereby it mentions about a “facilitating support” on behalf of the petitioner as well as furnishing all the papers for facilitating audit.

    With regards to outstanding, Chawla claimed that update payment as on 31 July 2016 amounting to Rs 10,35,000 including taxes have been made; besides outstanding amount of Rs 3,15,133 including taxes. This was contested by Thakur and he stuck to the grounds that the outstanding as on date is Rs 24,30,473.

    The matter was adjourned for a short while to enable Thakur to file reply clarifying these two issues. The reply must be filed within one week’s time and a copy shall be provided to the petitioner for filing rejoinder, if any, within one week thereafter.

  • TDSAT directs ZEEL not to disconnect signals to MSO until next hearing

    TDSAT directs ZEEL not to disconnect signals to MSO until next hearing

    NEW DEHI: The Telecom Disputes Settlement and Appellate Tribunal has directed Zee Entertainment Enterprise Ltd not to disconnect the signals to Bhaskar Cable Network till next date in view of controversy over amounts due.

    However listing the matter for 29 August 2016, member B B Srivastava clarified that this does not preclude both sides to meet and resolve their disputes including concluding
    a fresh interconnect agreement

    The Tribunal also said the petitioner will continue to make payment pursuant to the agreement which expired on 31 March 2016.

    The notice for disconnection was because of non-payment and non-cooperation for audit, according to ZEEL counsel Upender Thakur.

    At the outset, Bhaskar counsel Navin Chawla drew attention of the Tribunal to the communication from the audit entity “Protivity” in the form of email dated 22 December last whereby it mentions about a “facilitating support” on behalf of the petitioner as well as furnishing all the papers for facilitating audit.

    With regards to outstanding, Chawla claimed that update payment as on 31 July 2016 amounting to Rs 10,35,000 including taxes have been made; besides outstanding amount of Rs 3,15,133 including taxes. This was contested by Thakur and he stuck to the grounds that the outstanding as on date is Rs 24,30,473.

    The matter was adjourned for a short while to enable Thakur to file reply clarifying these two issues. The reply must be filed within one week’s time and a copy shall be provided to the petitioner for filing rejoinder, if any, within one week thereafter.

  • GST: Both good and bad for the Indian cable TV sector

    GST: Both good and bad for the Indian cable TV sector

    MUMBAI: India’s most ambitious indirect tax reform, the Goods and Service Tax (GST) got the green flag from the Lok Sabah on 8 August.

    While, taxation rates under the GST regime are yet to be finalised, an indicative figure of 18 per cent is being talked of in various circles.

    Indiantelevision.com has already postulated that DTH companies like Dish TV could be beneficiaries when GST goes live. Broadcasters, however, could be slapped on their wrists as GST is likely to result in their tax payment going up.

    However, cable TV distribution sector is going to benefit like its country cousin – the DTH segment. Estimates are that multisystem operators could end up saving around five to 10 per cent in taxes in many Indian states. However, in some the tax payouts could likely go up courtesy GST.

    MSOs operating in states like Punjab (with up to Rs 15000 annual entertainment tax), and Gujarat (Rs 6 per cable TV sub per month), Harayana (no tax), Kerala (Rs 5), Orissa (Rs 3) are going to be impacted negatively with their tax bill climbing up once GST becomes applicable. Other states like Maharashtra (Rs 45 per month subscriber), Jharkhand with Rs 30-50 per month per subscriber, Rs 20 in Delhi, Bihar Rs 15 per month per subscriber, will see a lightening of their tax burden.

    Says a cable TV industry observer: “Cable operators normally maintain three sets of books. One for the tax folks, one for the content providers, and one which has the real facts about their business. Many of them are not tax payers at all. Under the new regime, they will have to clean up their acts, get their registration done, get their subscriber information all in order. And then pay their GST. That’s even if their margins keep coming under pressure on account of this.”

    Keep watching this space for further updates!

  • GST: Both good and bad for the Indian cable TV sector

    GST: Both good and bad for the Indian cable TV sector

    MUMBAI: India’s most ambitious indirect tax reform, the Goods and Service Tax (GST) got the green flag from the Lok Sabah on 8 August.

    While, taxation rates under the GST regime are yet to be finalised, an indicative figure of 18 per cent is being talked of in various circles.

    Indiantelevision.com has already postulated that DTH companies like Dish TV could be beneficiaries when GST goes live. Broadcasters, however, could be slapped on their wrists as GST is likely to result in their tax payment going up.

    However, cable TV distribution sector is going to benefit like its country cousin – the DTH segment. Estimates are that multisystem operators could end up saving around five to 10 per cent in taxes in many Indian states. However, in some the tax payouts could likely go up courtesy GST.

    MSOs operating in states like Punjab (with up to Rs 15000 annual entertainment tax), and Gujarat (Rs 6 per cable TV sub per month), Harayana (no tax), Kerala (Rs 5), Orissa (Rs 3) are going to be impacted negatively with their tax bill climbing up once GST becomes applicable. Other states like Maharashtra (Rs 45 per month subscriber), Jharkhand with Rs 30-50 per month per subscriber, Rs 20 in Delhi, Bihar Rs 15 per month per subscriber, will see a lightening of their tax burden.

    Says a cable TV industry observer: “Cable operators normally maintain three sets of books. One for the tax folks, one for the content providers, and one which has the real facts about their business. Many of them are not tax payers at all. Under the new regime, they will have to clean up their acts, get their registration done, get their subscriber information all in order. And then pay their GST. That’s even if their margins keep coming under pressure on account of this.”

    Keep watching this space for further updates!

  • TDSAT asks MSO to pay Rs 6 lakh and reconcile accounts with Indiacast UTV

    TDSAT asks MSO to pay Rs 6 lakh and reconcile accounts with Indiacast UTV

    NEW DELHI: Vishal Cable Network has been directed by the Telecom Disputes Settlement and Appellate Tribunal to pay Rs six lakh in two installments to lndiacast UTV Media Distribution Pvt.Ltd by 5 August 2016.

    In his order on 28 July 2016, member B B Srivastava had said the first installment of Rs three lakh would be paid immediately and the next Rs three lakh by % August 2016, by which date the two sides should meet and reconcile their accounts.

    Indiacast Counsel Kunal Tandon told the Tribunal that the signals had been disconnected on 15 June 2016 and the arrears had mounted to Rs 9,12•,935.

    Fixing the matter for 30 August 2016, the Tribunal said The respondent is also directed toundertake audit of the system of the petitioner and complete it by the next date fixed.

    Earlier, Vishal Cable counsel Vikram Singh submiteds he did not appear on 3 Jue 2016 as no notice was given by the Registry due to inadvertence. As a result, the Tribunal had recalled theinterim protection granted to the petitioner by the order of 19 August last year.

  • TDSAT asks MSO to pay Rs 6 lakh and reconcile accounts with Indiacast UTV

    TDSAT asks MSO to pay Rs 6 lakh and reconcile accounts with Indiacast UTV

    NEW DELHI: Vishal Cable Network has been directed by the Telecom Disputes Settlement and Appellate Tribunal to pay Rs six lakh in two installments to lndiacast UTV Media Distribution Pvt.Ltd by 5 August 2016.

    In his order on 28 July 2016, member B B Srivastava had said the first installment of Rs three lakh would be paid immediately and the next Rs three lakh by % August 2016, by which date the two sides should meet and reconcile their accounts.

    Indiacast Counsel Kunal Tandon told the Tribunal that the signals had been disconnected on 15 June 2016 and the arrears had mounted to Rs 9,12•,935.

    Fixing the matter for 30 August 2016, the Tribunal said The respondent is also directed toundertake audit of the system of the petitioner and complete it by the next date fixed.

    Earlier, Vishal Cable counsel Vikram Singh submiteds he did not appear on 3 Jue 2016 as no notice was given by the Registry due to inadvertence. As a result, the Tribunal had recalled theinterim protection granted to the petitioner by the order of 19 August last year.

  • TDSAT gives final opportunity to MSO to resolve disputes, clear payments to Star, Sun

    TDSAT gives final opportunity to MSO to resolve disputes, clear payments to Star, Sun

    NEW DELHI: City Digital Network has been directed by the Telecom Disputes Settlement and Appellate Tribunal ‘by way of last indulgence’ to pay the second instalment of Rs 2.5 lakh to Star India by 26 July 2016.

    While directing Star India to reconnect the signals to the MSO, member B B Srivastava had on 22 June 2016 directed it to clear payment to Star India in two instalments.

    Listing the matter for 29 August, the Tribunal on 20 July 2016 said the broadcaster would be at liberty to disconnect the signals if the MSO still defaulted.

    The signals to the MSO were to be restored on payment of the first instalment of Rs one lakh by 24 June 2016.

    Star India Counsel Saurabh Srivastava told the Tribunal that the second instalment of Rs 2.5 lakh had not been cleared but the signals were being continued as the Tribunal had not given the liberty to disconnect in the event of non-payment and so the MSO continued to enjoy the signals.

    In the order of 22 June 2016, the Tribunal had also directed the parties to meet at a mutually convenient date to resolve differences and work on a new interconnect agreement.

    Meanwhile in another matter, Sun Distribution Services Pvt Ltd informed the Tribunal that City Digital Network had not cleared fifty per cent of the amount due at the time of disconnection despite the orders of the Tribunal.

    While permitting Sun to file its rejoinder, the Tribunal clarified that this order did not preclude the two sides from coming to the negotiating table.

    The matter was thereafter listed for 19 August 2016.