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HomeNewsCable News

Cable News (305)

Thursday, 20 February 2014 11:17

Siti Cable records 3.7 million subscribers

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. 

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Agra-based multi-system operator (MSO) Sea TV Network has gone into losses due to higher pay channel charges in the fiscal third-quarter. 

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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). 

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Saturday, 15 February 2014 13:14

Hathway Q3 operating income grow by 52%

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.

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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.    

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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. 

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MSOs Hathway Cable & Datacom performance subdued in another quarter. The company’s operating loss widened to Rs. 19.2 crore in the third fiscal quarter.   

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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. 

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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. 

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Tuesday, 28 January 2014 13:22

AMBC eyes 5 lakh cable homes by Dec 2014

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.

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Monday, 27 January 2014 13:27

Cable ops in Assam move HC against APDCL

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. 

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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.

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Putting in place a district-level mechanism to monitor the paid news, Election Commission of India is likely to close down the news and current affairs operations of all cable television networks in Jammu and Kashmir ahead of the coming Lok Sabha elections for not having mandate for such programme.

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A major crackdown on cable TV operators is taking place in Chennai. 

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In an initiative aimed at offering a more transparent and result-oriented system of governance, proceedings of meetings of as many as 1,000 gram panchayats in Karnataka will go live over cable TV from March. There are 5,600 village panchayats in the State.

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Saturday, 28 December 2013 13:17

Cable TV operator held for power theft

A person from Santhoshnagar was apprehended and remanded to judicial custody here on 28 December, on the allegations of indulging in power theft.

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Tuesday, 17 December 2013 13:27

New cable TV network to be launched in Imphal

The Impact Medianet & Communication (P) Ltd incorporated under the Companies Act, is all set to launch “The Impact Cable TV Network, a brand new cable TV network in Manipur soon.

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The fight between Digicable Network India management and its former chief executive officer of Kolkata operations Amit Nag is getting nasty. 

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RailTel Corporation of India (RailTel), the telecommunications arm of the Railways, is expanding its project to take high-speed internet to rural homes in Tamil Nadu by linking its optic fibre network to existing cable TV connections.

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Sun TV Network Ltd. is in talks with Tamil Nadu state-owned Arasu Cable TV Corporation to renew its subscription deal on fresh commercial terms. 

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