MediaPro on 11th March had issued a disconnection notice to multi-system operator (MSOs) DEN Networks for non-payment of dues.
The dispute over payment of electricity pole charge has been resolved by the two opponents namely the Assam Power Distribution Company Limited (APDCL) and Greater Guwahati Cable TV Operators’ Association (GGCTOA) themselves.
JAINHITS, India’s only HITS Platform announced that it has successfully attained the Bureau of Indian Standards (BIS) certification for its set top boxes. This certification is in line with the DeitY’s (Department of Electronics and Information Technology) recent mandate on compliance.
Hinduja Ventures Ltd (HVL) on 26th February has decided to invest Rs. 300 crore in IndusInd Media & Communication Ltd (IMCL). Earlier, the investment into IMCL has routed through Grant Investrade, HVL’s wholly owned subsidiary.
On 5th February Tamil Nadu Arasu Cable TV Corporation (TACTV) issued a note which states that the local cable operators (LCOs) and the multi-system operators (MSOs) should not charge more than Rs 70 from the subscribers, but many of the LCOs do not do the same. Besides, most LCOs charge more than the stipulated monthly subscription, according to several subscribers.
An emergency meeting has called by The Greater Guwahati Cable TV Operation Association (GGCTOA) on 22-2-2014 to discuss the crisis emerge out of the Bill of the pole utilization charged served by APDCL to GGCTOA. The Bill has been generated against GGCTOA from 5 circles of Guwahati APDCL amounting to 33,000 poles approximately with due date fixed on 26-2-14. The bill fails to specify the exact operator using the pole which is putting GGCTOA in an awkward situation to make payment of pole charges as per order of Hon'ble Gauhati High Court. The next hearing date is on 28-2-14, & non- payment of bills by GGCTOA shall amount to contempt of court. GGCTOA conveyed to APDCL this problem vide letter dated 14-2-14 & requested for operator wise break up of poles which till today has not been answered.
Siti Cable (subsidery of Zee TV/Essel media) had recorded 3.7 million subscribers at december 31st 2013. Revenue of Siti Cable had also grown by 42 per cent year-on-year, and moved EBITDA positive during the quarter-year.
Agra-based multi-system operator (MSO) Sea TV Network has gone into losses due to higher pay channel charges in the fiscal third-quarter.
DEN Networks notched a third-quarter operating profit of Rs. 91.95 crore (Rs. 919.5 million) from the cable TV business, up three per cent from the Rs. 89.43 crore (Rs. 894.3 million) it reported in the trailing quarter, amid a mild fall in carriage and activation revenues. A year earlier EBITDA was Rs. 63.63 crore (Rs. 636.3 million).
India’s leading Multi System Operator (MSO) Hathway Cable & Datacom Limited has recorded a jump of 52.1 per cent from Rs 234.78 crore in Q3-2014 from Rs 154.40 crore in Q3-2013 and up 6.7 per cent from Rs 220.28 crore in Q2-2013.
More than 2000 local cable operators (LCOs) from Kolkata gathered together to keep the last mile in their control. LCOs also want to start paying service tax themselves to the government authorities. So that they have their control on subscriber revenue.
Subhash Chandra-promoted Siti Cable Network’s fiscal third-quarter operating profit has grown six per cent compared to the trailing three months even as the multi-system operator’s (MSO) payout to channels has gone up. Net loss has widened quarter-on-quarter while operating revenue has seen a 2.2 per cent increase.
The Gauhati High Court has disposed of the writ petition filed by the Greater Guwahati Cable TV Operators Association (GGCTOA) and has also set aside the Assam Power Distribution Company Limited’s (APDCL) 17 December decision to reject GGCTOA’s representation without providing relevant reasons.
The upcoming edutainment television channel Da Vinci Learning is taking steps to build a strong ecosystem and develop its foothold in the industry prior to its launch later this year. The channel has announced programming partnerships with DTH operator Airtel Digital TV and MSOs Siti Cable and Digicable.
West Bengal multisystem operator, Advance Multisystem Broadband Communication (AMBC), which began its journey with a set of LCOs and isolated cable operators from Hooghly District in February 2000, is looking at expanding its footprint from the current around 4 lakh to 5 lakh cable TV homes by December this year.
Assam cable operators, under the aegis of the Greater Guwahati Cable TV Operators Association (GGCTOA), have moved a petition in the Guwahati High Court against the Assam Power Distribution Company Limited’s (APDCL) demand of Rs. 25 per electricity pole per operator.
Manthan Broadband Services Pvt. Ltd, one of the leading MSOs in India, has signed up a 10-year deal with SURE!, a Magnaquest product, to provide comprehensive cloud-based Subscription Lifecycle Management that include Billing, CRM, and end-to-end Managed Services, the two companies announced on 22 January.