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Friday, 10 May 2019 13:10

IMCL to become PAT positive from FY20

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Due to TRAI Tariff Order implementation, Hinduja Ventures Ltd-owned distribution platform operator (DPO) IndusInd Media & Communications Limited (IMCL) may become PAT positive from the year 2019-20.

IMCL’s hope is based on the operations in the first few months of the operation of the new tariff order. IMCL is the only DPO to have a dual delivery platform through cable and Head End in the Sky (HITS) technologies.

As per HVL, the TV distribution sector has seen a completely different and positive business model emerge in the last four months through the implementation of the NTO notified by the Telecom Regulatory Authority of India (TRAI).

IHVL said the success would be measured based on the successful implementation of the NTO. IMCL, it stated, has successfully implemented the NTO the implementation of which commenced on 1st February.

Also, the group had converted close to 100% of its customer base to the new regime without compromising on its prepaid collection process.

HVL said: “This could not have happened without a happy customer base, robust backend systems, and committed resources. Based on the operations in the first few months of the operation of the new Order, IMCL expects to be PAT positive from the year 2019-20.” 

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