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.
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.
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.
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.
Against a net loss of Rs 213 crore in the trailing quarter, the Cable TV and broadband service provider DEN Networks has registered a consolidated net profit of Rs 14 crore for the quarter ended 30th June. In the corresponding quarter of the previous fiscal, MSO’s net loss stood at Rs 28 crore.
Many broadcasters are still investing in landing page despite the issue being in the midst of a debate all over in the industry. Whether BARC decides to count landing page numbers or rationalise outliers in counting ratings haven’t changed industry trends a lot.
On 25 June, the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) directed Star India restore signal supply to multi system operator (MSO) Raj Cable Network if the latter makes a payment of Rs. 3,20,651.
Local Cable Operators (LCOs) that have laid illegal communication cables on the Maharashtra State Electricity Distribution Company Limited (MSEDCL)’s structures will face action as the MSEDCL has asked its superintending engineers, O&M circle to remove such cables.
Focus on debtor collection and development of new products such as Alexa kit, Android and hybrid set-top box (STB) caused heavy loss for the set top box (STB) manufacturer My Box Technologies; its FY19 net loss has increased 11 times and its revenue has fallen 76%.
The credit rating agency ICRA has upgraded the credit ratings of the leading multi system operator (MSO) DEN Networks for fund based- Term Loans, fund based- Working Capital Facilities, Non- fund Based- Working Capital Facilities and unallocated limits.
As per media sources, the TV audience measurement body BARC India has written to its subscribers on the landing page issue. The letter said that BARC will not attempt to pursue any action against the removal of landing page/dual LCN impact from week 22 onward.
The FY19 has been good for the leading multi system operator Siti Networks. Its operating EBITDA has grown 2X to Rs. 300.1 crore.
Replying on the consultation paper by sector regulator TRAI, the All India Digital Cable Federation (AIDCF) has recommended a minimum net worth of Rs 20 crore for cable TV service providers for operating in any region.
Giving their comments on the Telecom Regulatory Authority of India’s (TRAI)’s consultation paper, several broadcasters said that there should be an entry-level net-worth criterion for multi system operators (MSOs). They added it is a better idea to corporatize MSOs along with having a higher entry-level net-worth.
The leading R&D house backed by Hero Electronix, MyBox Technologies which specializes in the research & development and manufacturing of STBs has partnered with Amazon. It has developed an Alexa kit for its STBs. The step will help in enabling the digital cable tv customers of e-Digital with voice-control.
The case involving Arnab Goswami’s ARG Outlier Media Asianet and multi system operator (MSO) Skynet Digital Services has reached the Telecom Disputes Settlement and Appellate Tribunal (TDSAT). ARG has alleged that the MSO has displaced its channel Republic TV from the landing page.
The leading multi system operator GTPL Hathway is eyeing big growth in its broadband subscriber base. The Cable TV service provider wants broadband to play a major role.
Talking about the new tariff regime, GTPL Hathway promoter and managing director Anirudhsinhji Jadeja said in an earnings call after the Q4 results that the new regime will boost subscription revenue and EBITDA of the company.
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