Tag: subscribers

  • Net subs grow significantly but public Wi-Fi idea flayed

    Net subs grow significantly but public Wi-Fi idea flayed

    MUMBAI: Even as internet subscribers are growing significantly across Indian states, TRAI’s idea of public Wi-Fi has been flayed by stakeholders.

    Maharashtra has recorded the highest number of internet subscribers in India at 29.47 million, followed by Tamil Nadu, Andhra and Karnataka in that order, according to government data. At the end of March 2016, India had a total of 342.65 million subscribers. BharatNet project meantime plans to connect all 2.5 lakh gram panchayats in the country through broadband.

    Delhi had registered 20.59 million internet users, while Kolkata and Mumbai recorded 9.26 million and 15.65 million, respectively.

    Tamil Nadu recorded 28.01 million subscribers, while the neighbouring states of Andhra Pradesh and Karnataka respectively registered 24.87 million and 22.63 million. Himachal Pradesh saw the lowest number of subscribers at 3.02 million.

    Of the over 342 million subscribers, over 67 per cent are from urban India. At the end of FY16, the rural internet subscriber base stood at 111.94 million. Tamil Nadu recorder the highest number of urban subscribers at 21.16 million, while UP (East) telecom circle is ahead in terms of rural internet customer base at 11.21 million.

    Public Wi-Fi condemned

    Telecom stakeholders recommending an open and cheap internet have raised concerns over privacy and regulatory hurdles following the release of TRAI’s consultation paper on public Wi-Fi.

    The Internet Freedom Foundation co-founder Aravind Ravi Sulekha was apprehensive that the proposed regulations could lead to invasion of privacy and interfere with the freedom of hotspot providers to operate freely. The proposals may turn out to be regressive, Sulekha said.

    TRAI proposed hotspot providers would have to register with the government and users could access hotspots only after paying using a service tied to their Aadhaar number.

    Centre for Internet and Society policy director Pranesh Prakash said that TRAI solution was a classic example of over-regulation and centralism. It turns out that TARI was unclear about the problem to be solved, he added.

  • Net subs grow significantly but public Wi-Fi idea flayed

    Net subs grow significantly but public Wi-Fi idea flayed

    MUMBAI: Even as internet subscribers are growing significantly across Indian states, TRAI’s idea of public Wi-Fi has been flayed by stakeholders.

    Maharashtra has recorded the highest number of internet subscribers in India at 29.47 million, followed by Tamil Nadu, Andhra and Karnataka in that order, according to government data. At the end of March 2016, India had a total of 342.65 million subscribers. BharatNet project meantime plans to connect all 2.5 lakh gram panchayats in the country through broadband.

    Delhi had registered 20.59 million internet users, while Kolkata and Mumbai recorded 9.26 million and 15.65 million, respectively.

    Tamil Nadu recorded 28.01 million subscribers, while the neighbouring states of Andhra Pradesh and Karnataka respectively registered 24.87 million and 22.63 million. Himachal Pradesh saw the lowest number of subscribers at 3.02 million.

    Of the over 342 million subscribers, over 67 per cent are from urban India. At the end of FY16, the rural internet subscriber base stood at 111.94 million. Tamil Nadu recorder the highest number of urban subscribers at 21.16 million, while UP (East) telecom circle is ahead in terms of rural internet customer base at 11.21 million.

    Public Wi-Fi condemned

    Telecom stakeholders recommending an open and cheap internet have raised concerns over privacy and regulatory hurdles following the release of TRAI’s consultation paper on public Wi-Fi.

    The Internet Freedom Foundation co-founder Aravind Ravi Sulekha was apprehensive that the proposed regulations could lead to invasion of privacy and interfere with the freedom of hotspot providers to operate freely. The proposals may turn out to be regressive, Sulekha said.

    TRAI proposed hotspot providers would have to register with the government and users could access hotspots only after paying using a service tied to their Aadhaar number.

    Centre for Internet and Society policy director Pranesh Prakash said that TRAI solution was a classic example of over-regulation and centralism. It turns out that TARI was unclear about the problem to be solved, he added.

  • Justice Sachdeva refuses more time for cable digitisation

    Justice Sachdeva refuses more time for cable digitisation

    MUMBAI: The Delhi High Court has asked two cable operators to ensure that all analogue connections are converted to digital by 24 November while denying grant of any further time for installation of digital set-top boxes. The central government had asked all cable operators to install set-top boxes by 31 December, 2016.

    Justice Sanjeev Sachdeva ordered the cable operators to make sure that the conversion is over by 24 November, and all its subscribers are clearly informed about the switchover.

    “The notification was issued by the Government on 11 November, 2011. Around five years have elapsed from the said date when the operators were made aware that they have to change over to DAS. The petition was filed in February, 2016, and now we are in November. The petitioners have already got sufficient time to complete the installation of set-top boxes and the changeover to DAS. Even post the filing of the present petition, approximately nine months have passed,” the court noted as it said there was no justification for granting more time.

    The two cable operators had gone to court seeking time for installation of STBs while appealing that, till the completion of the installation, the Ministry of Information and Broadcasting be restrained from discontinuing supply of analogue signal.

    On 3 November 2016, the Indian Broadcasting Foundation hailed the order passed by the Delhi High Court dismissing nine DAS-related petitions. The petitions also dealt with the time extension for implementing digital addressable system (DAS) in certain areas of Karnataka, Kerala, Andhra Pradesh and Telangana and Uttar Pradesh under Phase-III, the deadline for which had expired on 31 December 2015. There is however no change in DAS Phase IV deadline, which continues to be 31 December 2016. With the dismissal of these petitions, the stay granted by various high courts in areas covered by the above-mentioned nine cases stands vacated and will no longer apply.

    Meanwhile around 30 more multi-system operators (MSOs) received provisional registration in October. The total of MSOs has risen to 1033 with just around seven weeks to go for switching off analogue signals and completion of digital addressable system for cable television in India. While the total of provisional licences as on 31 October went up from 774 to 804, the number of permanent licences (10 years) remained static at 229.

  • Justice Sachdeva refuses more time for cable digitisation

    Justice Sachdeva refuses more time for cable digitisation

    MUMBAI: The Delhi High Court has asked two cable operators to ensure that all analogue connections are converted to digital by 24 November while denying grant of any further time for installation of digital set-top boxes. The central government had asked all cable operators to install set-top boxes by 31 December, 2016.

    Justice Sanjeev Sachdeva ordered the cable operators to make sure that the conversion is over by 24 November, and all its subscribers are clearly informed about the switchover.

    “The notification was issued by the Government on 11 November, 2011. Around five years have elapsed from the said date when the operators were made aware that they have to change over to DAS. The petition was filed in February, 2016, and now we are in November. The petitioners have already got sufficient time to complete the installation of set-top boxes and the changeover to DAS. Even post the filing of the present petition, approximately nine months have passed,” the court noted as it said there was no justification for granting more time.

    The two cable operators had gone to court seeking time for installation of STBs while appealing that, till the completion of the installation, the Ministry of Information and Broadcasting be restrained from discontinuing supply of analogue signal.

    On 3 November 2016, the Indian Broadcasting Foundation hailed the order passed by the Delhi High Court dismissing nine DAS-related petitions. The petitions also dealt with the time extension for implementing digital addressable system (DAS) in certain areas of Karnataka, Kerala, Andhra Pradesh and Telangana and Uttar Pradesh under Phase-III, the deadline for which had expired on 31 December 2015. There is however no change in DAS Phase IV deadline, which continues to be 31 December 2016. With the dismissal of these petitions, the stay granted by various high courts in areas covered by the above-mentioned nine cases stands vacated and will no longer apply.

    Meanwhile around 30 more multi-system operators (MSOs) received provisional registration in October. The total of MSOs has risen to 1033 with just around seven weeks to go for switching off analogue signals and completion of digital addressable system for cable television in India. While the total of provisional licences as on 31 October went up from 774 to 804, the number of permanent licences (10 years) remained static at 229.

  • Carriage fee in interconnect draft aimed at reducing litigation

    Carriage fee in interconnect draft aimed at reducing litigation

    NEW DELHI: The draft of the Interconnect regulations issued by the Telecom Regulatory Authority of India has given a formula for calculation of the carriage fee.

    The carriage fee for each month or part thereof during the term of the interconnection agreement shall be calculated as given below:-

    1. If the number of average active subscribers in a month for a channel in the target market is less than five percent of the average subscriber base of the distributor in that month in the target market, then the carriage fee amount will be equal to the rate of carriage fee per channel per subscriber per month, as agreed under the interconnection agreement, multiplied by the average subscriber base of the distributor in that month in the target market.

    2. If the number of average active subscribers in a month for a channel in the target market is greater than or equal to five percent but less than ten percent of the average subscriber base of the distributor in that month in the target market, then the carriage fee amount will be equal to the rate of carriage fee per channel per subscriber per month, as agreed under the interconnection agreement, multiplied by 0.75 times of the average subscriber base of the distributor in that month in the target market.

    3 If the number of average active subscribers in a month for a channel in the target market is greater than or equal to ten percent but less than fifteen percent of the average subscriber base of the distributor in that month in the target market, then the carriage fee amount will be equal to the rate of carriage fee per channel per subscriber per month, as agreed under the interconnection agreement, multiplied by 0.5 times of the average subscriber base of the distributor in that month in the target market.

    4 If the number of average active fawadkhanin a month for a channel in the target market is greater than or equal to fifteen percent but less than twenty percent of the average subscriber base of the distributor in that month in the target market, then the carriage fee amount will be equal to the rate of carriage fee per channel per subscriber per month, as agreed under the interconnection agreement, multiplied by 0.25 times of the average subscriber base of the distributor in that month in the target market.

    5 If the number of average active subscribers in a month for a channel in the target market is greater than or equal to twenty percent of the average subscriber base of the distributor in that month in the target market, then the carriage fee amount will be equal to ‘Nil’.

    But TRAI said the average subscriber base of the distributor in a month will be calculated in a manner as prescribed in schedule VII of the regulations.

    The target market refers to the relevant geographical areas, as specified in the interconnection agreement for carrying the channel.

    ALSO READ:

    TRAI on carriage fee, other issues in draft interconnect guidelines

  • Carriage fee in interconnect draft aimed at reducing litigation

    Carriage fee in interconnect draft aimed at reducing litigation

    NEW DELHI: The draft of the Interconnect regulations issued by the Telecom Regulatory Authority of India has given a formula for calculation of the carriage fee.

    The carriage fee for each month or part thereof during the term of the interconnection agreement shall be calculated as given below:-

    1. If the number of average active subscribers in a month for a channel in the target market is less than five percent of the average subscriber base of the distributor in that month in the target market, then the carriage fee amount will be equal to the rate of carriage fee per channel per subscriber per month, as agreed under the interconnection agreement, multiplied by the average subscriber base of the distributor in that month in the target market.

    2. If the number of average active subscribers in a month for a channel in the target market is greater than or equal to five percent but less than ten percent of the average subscriber base of the distributor in that month in the target market, then the carriage fee amount will be equal to the rate of carriage fee per channel per subscriber per month, as agreed under the interconnection agreement, multiplied by 0.75 times of the average subscriber base of the distributor in that month in the target market.

    3 If the number of average active subscribers in a month for a channel in the target market is greater than or equal to ten percent but less than fifteen percent of the average subscriber base of the distributor in that month in the target market, then the carriage fee amount will be equal to the rate of carriage fee per channel per subscriber per month, as agreed under the interconnection agreement, multiplied by 0.5 times of the average subscriber base of the distributor in that month in the target market.

    4 If the number of average active fawadkhanin a month for a channel in the target market is greater than or equal to fifteen percent but less than twenty percent of the average subscriber base of the distributor in that month in the target market, then the carriage fee amount will be equal to the rate of carriage fee per channel per subscriber per month, as agreed under the interconnection agreement, multiplied by 0.25 times of the average subscriber base of the distributor in that month in the target market.

    5 If the number of average active subscribers in a month for a channel in the target market is greater than or equal to twenty percent of the average subscriber base of the distributor in that month in the target market, then the carriage fee amount will be equal to ‘Nil’.

    But TRAI said the average subscriber base of the distributor in a month will be calculated in a manner as prescribed in schedule VII of the regulations.

    The target market refers to the relevant geographical areas, as specified in the interconnection agreement for carrying the channel.

    ALSO READ:

    TRAI on carriage fee, other issues in draft interconnect guidelines

  • Reliance ADA group to hive off DTH operations

    Reliance ADA group to hive off DTH operations

    MUMBAI: The Anil Ambani-owned DTH service Reliance Digital TV which claims to have a five million net subscriber base and an estimated two million active connections is likely to be hived off in to a separate company. For the past three or four years, Reliance Communications, the parent company has been seeking a buyer for the venture. It had spoken to Sun TV in the past but the valuations and expectations did not match what the former was willing to pay for Reliance Digital TV. Unconfirmed reports say that the company had inconclusive conversations with other potential partners too. Hence, it has decided to go for a spin off of its DTH service business which has been relatively stagnant.

    Reliance Communications, the parent company of Reliance Digital, is being driven to do this to pare its debt-EBIDTA ratio. Speaking to investors yesterday RCOM CEO (consumer business) Gurdeep Singh said that the idea was to bring that number from 4.64 currently to about three in 18-24 months. Other assets that could be seeking buyers include equity stakes in its international operations at Reliance Globalcom, and in its tower unit Reliance Infratel.

    “We are looking to bring down our debt-to-EBIDTA ratio to around 3 within 18-24 months and are looking at monetizing our non-core assets to deleverage the balance sheet,” Reliance Communications (RCom) CEO (Consumer Business) Gurdeep Singh informed PTI. He added: “For this, we are looking at hiving off the DTH business, stake sale in our international operations at Reliance Globalcom, monetization of our real estate assets, as well as a possible divestment in Reliance Infratel, which handles our towers portfolio.”

    The group earlier this week announced the merger of its wireless business with another telco Aircel. It is also looking to raise $1 billion (approximately Rs 6,686.5 crore) in equity to expand the venture and make possible payments to the government for mobile spectrum use.

  • Reliance ADA group to hive off DTH operations

    Reliance ADA group to hive off DTH operations

    MUMBAI: The Anil Ambani-owned DTH service Reliance Digital TV which claims to have a five million net subscriber base and an estimated two million active connections is likely to be hived off in to a separate company. For the past three or four years, Reliance Communications, the parent company has been seeking a buyer for the venture. It had spoken to Sun TV in the past but the valuations and expectations did not match what the former was willing to pay for Reliance Digital TV. Unconfirmed reports say that the company had inconclusive conversations with other potential partners too. Hence, it has decided to go for a spin off of its DTH service business which has been relatively stagnant.

    Reliance Communications, the parent company of Reliance Digital, is being driven to do this to pare its debt-EBIDTA ratio. Speaking to investors yesterday RCOM CEO (consumer business) Gurdeep Singh said that the idea was to bring that number from 4.64 currently to about three in 18-24 months. Other assets that could be seeking buyers include equity stakes in its international operations at Reliance Globalcom, and in its tower unit Reliance Infratel.

    “We are looking to bring down our debt-to-EBIDTA ratio to around 3 within 18-24 months and are looking at monetizing our non-core assets to deleverage the balance sheet,” Reliance Communications (RCom) CEO (Consumer Business) Gurdeep Singh informed PTI. He added: “For this, we are looking at hiving off the DTH business, stake sale in our international operations at Reliance Globalcom, monetization of our real estate assets, as well as a possible divestment in Reliance Infratel, which handles our towers portfolio.”

    The group earlier this week announced the merger of its wireless business with another telco Aircel. It is also looking to raise $1 billion (approximately Rs 6,686.5 crore) in equity to expand the venture and make possible payments to the government for mobile spectrum use.

  • FY-16: Dish TV adds 15 lakh subscribers, subscription revenue Rs 2,827 crore

    FY-16: Dish TV adds 15 lakh subscribers, subscription revenue Rs 2,827 crore

    BENGALURU: This is the second consecutive year that direct to home (DTH) company Dish TV India Limited (Dish TV) has reported growth across important financial and operational parameters including operating revenues (TIO), profit after tax (PAT) and subscription numbers. Last fiscal and quarter (year and quarter ended 31 March, 2015, FY-15 and Q4-15), Essel Group’s DTH operator Dish TV Limited turned the corner with a consolidated profit after tax (PAT) of Rs 3.14 crore and Rs 34.94 crore (margin 4.8 per cent) respectively. The company has followed this up with improved numbers for the subsequent two quarters of FY-16, and rendered a fait accompli of sorts in the final quarter with the largest ever subscription numbers add in a quarter in Q4-16, as if to reiterate – Profits are here to stay!.

    Dish TV says that so far it is the only company in the Indian DTH sector to have achieved net profitability. 

    Dish TV reported subscription revenue of Rs 2,827.5 crore in the fiscal ended 31 March 2016 (FY-16, current year). Operating revenue in the current year increased to Rs 3,059.9 crore from Rs 2,687.9 crore in the previous year.

    Dish TV reported PAT of Rs. 692.4 crore in FY-16, including deferred tax expense of Rs. 436 crore.

    During FY-16, Dish TV says that it has achieved the full year guidance of 15 lakh subscribers. In Q4-16 (quarter ended 31 March 2016, current quarter) Dish TV added 5.08 lakh subscribers. The company also reported higher Rs 174 in Q4-16 as compared to Rs 172 in Q3-16.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    Operating revenue for Q4-16 increased 9.5 percent year-over-year (y-o-y) to Rs 799.3 crore from Rs 729.9 crore and increased 3.6 percent quarter-over-quarter from Rs 771.5 crore in Q3-16.

    EBIDTA in the current year increased 39.8 percent to Rs 1,024.9 crore from Rs 733.1 crore in FY-15. EBIDTA in Q4-16 at Rs 260.8 crore increased 18.1 percent y-o-y from Rs 220.9 crore in Q4-15 but declined 1.7 percent q-o-q from Rs 265.4 crore in Q3-16.

    Dish TV managing director Jawahar Goel said, “Fiscal 2016 was yet another year that saw global economic uncertainty take centre-stage all throughout. Notwithstanding that, the Indian economy registered good economic growth as the government focused on development through reforms. With the macro economy showing early signs of pick-up and the Met department predicting an ‘above normal’ monsoon, fiscal 2017 has already started on an optimistic note. So far as the DTH industry is concerned a strong agrarian economy, further supported by government initiatives like 100% village electrification,  and prospering urban areas, with 24×7 power supply, shall certainly ensure growth for the industry going forward.”

    Talking about subscriber additions during the quarter, Goel, said, “We had a well-defined plan in place to target these markets. Our campaign ‘Set-Top-Box Matlab Dish TV’ had the desired impact while the specially designed sports packs ensured that sports fans didn’t go elsewhere during the cricket season. Higher investments behind the brand not only ensured higher brand scores but a stronger brand recall as well. To further strengthen our connect with the customer, we upgraded our existing service infrastructure and enhanced distribution in areas that were not up to the mark. Thus covering newer territories.”

    Talking about the fourth quarter results, Goel said, “Healthy subscriber additions and a higher ARPU improved the subscription revenues by 12.6 percent over the corresponding quarter last fiscal. EBITDA of Rs. 260.8 crore recorded an 18.1 percent jump over the corresponding quarter. Net Profit for the quarter was Rs. 482.8 crore as against Rs. 34.9 crore in the fourth quarter last fiscal. The resultant free cash flow was Rs. 104.7 crore. Churn for the quarter remained steady at 0.7 percent per month.”

    The company also added 8 new channels to its platform during the month of April 2016 taking its total offering size to more than 525 channels and  services. To further enhance the digital TV experience for subscribers and build an affordable and fast deployment model for itself, Dish TV
    selected Wyplay’s Frog as the Middleware for its next generation Set-Top-Boxes. Wyplay is an HTML5 browser based system and incorporates all features required for traditional linear broadcast TV consumption, on-demand content and applications distributed over the internet.

    Talking about these developments, Goel said, “We had our share of ups and downs during the year, but I am glad that we came out as winners at the end of it all. The fast paced dynamism of technological, regulatory and industrial developments kept us productively occupied and brought the best out of us.  We are in tune with the environmental shift around us and are motivated to be ahead of the curve as complex changes take place.”

     

     

  • FY-16: Dish TV adds 15 lakh subscribers, subscription revenue Rs 2,827 crore

    FY-16: Dish TV adds 15 lakh subscribers, subscription revenue Rs 2,827 crore

    BENGALURU: This is the second consecutive year that direct to home (DTH) company Dish TV India Limited (Dish TV) has reported growth across important financial and operational parameters including operating revenues (TIO), profit after tax (PAT) and subscription numbers. Last fiscal and quarter (year and quarter ended 31 March, 2015, FY-15 and Q4-15), Essel Group’s DTH operator Dish TV Limited turned the corner with a consolidated profit after tax (PAT) of Rs 3.14 crore and Rs 34.94 crore (margin 4.8 per cent) respectively. The company has followed this up with improved numbers for the subsequent two quarters of FY-16, and rendered a fait accompli of sorts in the final quarter with the largest ever subscription numbers add in a quarter in Q4-16, as if to reiterate – Profits are here to stay!.

    Dish TV says that so far it is the only company in the Indian DTH sector to have achieved net profitability. 

    Dish TV reported subscription revenue of Rs 2,827.5 crore in the fiscal ended 31 March 2016 (FY-16, current year). Operating revenue in the current year increased to Rs 3,059.9 crore from Rs 2,687.9 crore in the previous year.

    Dish TV reported PAT of Rs. 692.4 crore in FY-16, including deferred tax expense of Rs. 436 crore.

    During FY-16, Dish TV says that it has achieved the full year guidance of 15 lakh subscribers. In Q4-16 (quarter ended 31 March 2016, current quarter) Dish TV added 5.08 lakh subscribers. The company also reported higher Rs 174 in Q4-16 as compared to Rs 172 in Q3-16.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    Operating revenue for Q4-16 increased 9.5 percent year-over-year (y-o-y) to Rs 799.3 crore from Rs 729.9 crore and increased 3.6 percent quarter-over-quarter from Rs 771.5 crore in Q3-16.

    EBIDTA in the current year increased 39.8 percent to Rs 1,024.9 crore from Rs 733.1 crore in FY-15. EBIDTA in Q4-16 at Rs 260.8 crore increased 18.1 percent y-o-y from Rs 220.9 crore in Q4-15 but declined 1.7 percent q-o-q from Rs 265.4 crore in Q3-16.

    Dish TV managing director Jawahar Goel said, “Fiscal 2016 was yet another year that saw global economic uncertainty take centre-stage all throughout. Notwithstanding that, the Indian economy registered good economic growth as the government focused on development through reforms. With the macro economy showing early signs of pick-up and the Met department predicting an ‘above normal’ monsoon, fiscal 2017 has already started on an optimistic note. So far as the DTH industry is concerned a strong agrarian economy, further supported by government initiatives like 100% village electrification,  and prospering urban areas, with 24×7 power supply, shall certainly ensure growth for the industry going forward.”

    Talking about subscriber additions during the quarter, Goel, said, “We had a well-defined plan in place to target these markets. Our campaign ‘Set-Top-Box Matlab Dish TV’ had the desired impact while the specially designed sports packs ensured that sports fans didn’t go elsewhere during the cricket season. Higher investments behind the brand not only ensured higher brand scores but a stronger brand recall as well. To further strengthen our connect with the customer, we upgraded our existing service infrastructure and enhanced distribution in areas that were not up to the mark. Thus covering newer territories.”

    Talking about the fourth quarter results, Goel said, “Healthy subscriber additions and a higher ARPU improved the subscription revenues by 12.6 percent over the corresponding quarter last fiscal. EBITDA of Rs. 260.8 crore recorded an 18.1 percent jump over the corresponding quarter. Net Profit for the quarter was Rs. 482.8 crore as against Rs. 34.9 crore in the fourth quarter last fiscal. The resultant free cash flow was Rs. 104.7 crore. Churn for the quarter remained steady at 0.7 percent per month.”

    The company also added 8 new channels to its platform during the month of April 2016 taking its total offering size to more than 525 channels and  services. To further enhance the digital TV experience for subscribers and build an affordable and fast deployment model for itself, Dish TV
    selected Wyplay’s Frog as the Middleware for its next generation Set-Top-Boxes. Wyplay is an HTML5 browser based system and incorporates all features required for traditional linear broadcast TV consumption, on-demand content and applications distributed over the internet.

    Talking about these developments, Goel said, “We had our share of ups and downs during the year, but I am glad that we came out as winners at the end of it all. The fast paced dynamism of technological, regulatory and industrial developments kept us productively occupied and brought the best out of us.  We are in tune with the environmental shift around us and are motivated to be ahead of the curve as complex changes take place.”