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Variety Entertainment Pvt Ltd (VEPL), the entity by multi system operator (MSO) Siti Networks, has bought 49% stake in Siti Godaari Digital Services Private Limited (SGDSPL) and also increased its stake in Voice Snap Services Private Limited (VSSPL).

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On 14 Sep, Amit Shah, home minister, met Facebook vice president of global affairs and communications Nick Clegg. National security adviser Ajit Doval, IT and communications minister Ravi Shankar Prasad and commerce minister Piyush Goyal were also present.

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Appreciating Siti Networks, Essel Group chairman and Siti Networks chief patron Subhash Chandra said that Siti Networks has successfully developed the perfect portfolio of offerings to deliver consumer delight while ensuring targeted, on-track business growth. His remarks were noted in the annual report of Siti Networks.

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Soon the viewers in Nepal will be able to watch content offered by the Rajasthan-based multi system operator (MSO) Radiant Digitek Network, as it has partnered with Nepal based MSO Divine Stream Network. 

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Wednesday, 04 September 2019 04:57

Meghbela Cable asked to pay dues to Star India

On 4 Sep, the multi system operator (MSO) Meghbela Cable and Broadband Services has been directed by the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) to pay Rs. 1.5 crore dues to Star India by 9 Sep. TDSAT also asked Star India against disconnecting signals to the MSO provided it clears the dues. 

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The broadcasting regulator TRAI has been asked by the government to clarify its stand on platform services like NaMo TV which had caused a major controversy during the Lok Sabha polls.

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Three multi system operators (MSOs) have been informed about the status of their applications for MSO licence. The ministry of information and broadcasting (MIB) informed the MSOs at the 51st Open House Meeting for the month of August 2019 which was held on 20th August with the representatives of the MSO applicants, in the chamber of DS DAS wherein us (DAS) and so (DAS) were also present.

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As per data from the information & broadcasting (I&B) ministry, just 67% of television households have been digitised in phase 4 of digital addressable system (DAS). In its annual report for FY18-19, the I&B Ministry noted that the data collected from different stakeholders indicates that digitisation has resulted in more choice for the customers, improvement of the quality of pictures and sound, increase in taxes, reduction in carriage fee, and increase in subscription revenue.

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The net losses of the Hinduja Ventures Ltd (HVL)-owned distribution platform operator (DPO) IndusInd Media and Communications Ltd’s (IMCL) has reached an alarming level  as it registered Rs 318.4 crore erosion from Rs 219.8 crore in the previous fiscal, which is 45% spike.

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According to a KPMG report ‘India’s Digital Future: Mass of niches’, the Cable & Satellite (C&S) universe registered a fall of 12-15 million active subscribers in the fourth quarter of FY19.

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On 13 August, Hinduja Ventures Limited (HVL) held a board meeting which gave approval for reorganization of Media and Communications undertaking of Induslnd Media & Communications Limited (IMCL) into HVL , which is now awaiting statutory and regulatory approvals and approval of the shareholders.

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The leading multi system operator (MSO) Siti Networks has registered 36% growth in first quarter subscription revenue which is equal to Rs. 293 crore. 

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MK Stalin, DMK president, has sought a probe into the procurement of set top box (STB) by Tamil Nadu Arasu Cable TV Corporation (TACTV). As reported, the state government removed Tamil Nadu Information Technology Minister K Manikandan from the cabinet recently. 

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Tuesday, 06 August 2019 06:47

GTPL Hathway buys SCOD18 Networking

The leading Cable TV and broadband service provider GTPL Hathway has bought SCOD18 Networking Pvt Ltd. 

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The multi system operator (MSO) Tamil Nadu Arasu Cable TV Corporation (TACTV) is aiming to exceed Rs 268.89 crore revenue in FY19.

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As per the ministry of information and broadcasting (MIB) data sourced by the telecom regulator TRAI, only 14 MSOs have a subscriber base of 1 million+. The data tells that eight MSOs have 0.5-1 million subscribers, while there are 17 MSOs with a subscriber base of 0.3-0.5 million. 

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The ministry of information and broadcasting (MIB) has made its stand clear on the set top box (STB) interoperability and said that this is a complex issue and involves a complex research & development (R&D) process to devise a widely acceptable solution.

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As per information given to Lok Sbha by the Information & Broadcasting (I&B) minister Prakash Javadekar, the tricky issue of cable monopoly will require more consultations with various stakeholders.

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The quarter 1 has been bad for the leading MSO Hathway Cable and Datacom which has faced a consolidated net loss of Rs 9.4 crore in this quarter ending 30th June as against a net profit of Rs 6.6 crore in the trailing quarter. 

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GTPL Hathway, the leading cable TV and broadband service provider, has registered a net profit of Rs 29.4 crore in Q1, ending 30th June as against a net loss of Rs 28.1 crore in the previous quarter.

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