DEN Networks, the leading Cable TV & broadband service provider, has registered a consolidated operating profit of Rs 47 crore in Q3 against Rs 51 crore in the previous quarter. Its consolidated revenue stood at Rs 308 crore against Rs 310 crore a quarter ago. The expenditure incurred during the quarter was Rs 260 crore compared to Rs 259 crore. Net loss for the quarter was Rs 32 crore as against Rs 28 crore.
On 13 January, the appeals filed by multi system operators (MSOs) Digicable network India and Scod18 Networking were dismissed by the Supreme Court. The appeals were against the cancellation of their digital addressable system (DAS) licence by the ministry of information and broadcasting (MIB).
A tender to auction 58 Logical Channel Number (LCN) slots has been issued by the multi system operator (MSO) Tamil Nadu Arasu Cable TV Corporation (TACTV) on 7 January. It will auction LCN to free to air (FTA) as well as pay channels in lieu of placement fee for digital transmission throughout Tamil Nadu.
On 3 Jan, the Ministry of Information and Broadcasting (MIB) Minister Rajyavardhan Rathore said that digitisation was a success in India.
As per I&B Ministry’s statement, over 100 applications seeking approval to operate as multi system operators (MSOs) in digital addressable system (DAS) areas have been submitted till 24 October 2018.
On 1 January, the union government has been asked by the telecom Disputes Settlement and Appellate Tribunal (TDSAT) to maintain status quo on multi system operator (MSO) GTPL Hathway’s category B internet service provider (ISP) licence.
The Telecom Regulatory Authority of India (TRAI) has revived a proposal to provide broadband services through existing cable networks to boost broadband connectivity to the farthest reaches of the country.
The leading MSO Hathway has announced its basic pack for Rs. 130 (highest cost set by telecom regulator TRAI). Adding Rs. 24 as taxes, the pack will become worth Rs. 154.
Opposing the mandate of TRAI Tariff Order, the Cable operators across India and particularly in Maharashtra are planning to black out TV sets. The last date to implement the Order is 29 Dec.
The multi system operator (MSO) Fastway Transmissions’ appeal was trashed by the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) as it has refused to pass any interim order on MSO’s petition seeking directions to the Telecom Regulatory Authority of India (TRAI) against proceeding with tariff order and interconnection regulations.
The leading multi system operator (MSO) Fastway Transmissions is planning to expand at interior levels at many places by forging partnerships with local players. In Navi Mumbai, Fastway has partnered with Digi Navi Mumbai, which is a part of Jagjit Singh Kohli-promoted Digicable Network India.
As per local cable operators (LCOs) of Kolkata, nearly 90% of all cable TV homes in the city will miss the December 29 deadline for switch over to the new cable television regime. There are around 1.2 crore cable homes in Bengal, of which, around 30 lakh are in Kolkata.
A conference will be organised on 18 Dec in New Delhi by the ministry of information and broadcasting (MIB) where it has invited cable TV industry representatives to discuss the potential of using the existing cable TV network in provisioning broadband service. The conference is being organised through BECIL with leading multi system operators (MSOs).
The leading STB manufacturer MyBox Technologies has partnered with Amazon to offer Alexa Voice Service (AVS) solution. Thus it has become one of the first systems integrators to build an AVS solution for the video platform.
Sony Pictures Networks India’s (SPNI) corporate insolvency petition against multi system operator (MSO) Ortel Communications has been accepted by the National Company Law Tribunal (NCLT).
Following the Telecom Regulatory Authority of India’s (TRAI) regulation, many top multi system operators (MSOs) have started to publish the carriage reference interconnect offer (RIO), network capacity fee, the channel carrying capacity and list of channels being offered in different markets on their respective websites.
On 18 November, Mukesh Ambani’s Reliance Industries Limited has got the nod from the shareholders of multi system operators (MSO) DEN Networks and Hathway Cable and Datacom approving the stake acquisition by Reliance Industries Ltd (RIL).
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