Tag Archives: Hathway Cable and Datacom

Hathway’s Q1-2016 standalone TIO grows 5.7%

Hathway Cable & Datacom, the multi-system operator (MSO), reported a 5.7% growth in standalone Total Income from Operations for the quarter that ended 30 June, 2015. TIO now stands at INR2.64 billion compared to INR2.50 billion in Q1-2015. The company has 11.8 million subscribers; including 8.6 million subscribers accessing digital TV services. The third leg [...]

MSM channels go a-la carte on Hathway platform

Hathway Cable & Datacom subscribers will receive Multi-screen Media channels only via a-la carte mode. Neither Hathway nor MSM has given any reason to explain the change in service terms. The MSO was recently accused of disrupting channels. Broadcasters such as Star India and Zee have had problems with the cable TV service provider over [...]

Goldman Sachs picks 4.8% stake in Hathway

Goldman Sachs has acquired 4.8% stake in Hathway Cable & Datacom with an investment of INR5.26 billion (USD85.36 million). The firm has purchased over 8,093,268 shares at INR65 each on the National Stock Exchange. The other investors namely P6 Asia/Providence Equity Partners, Reliance Capital and CLSA Global hold over 10.85%, 5.23% and 4.02% stake respectively [...]

Singapore’s CLSA buys minority stake in Hathway for INR 1.50 bn

Mumbai-based multi-system operator, Hathway Cable and Datacom, has received over INR 1.50 billion investment from Singapore-based equity firm, CLSA Global Market (CLSA), for a minority stake. CLSA has purchased over 47,00,000 equity shares at INR 320 per share. We are raising fresh capital of INR 150.40 crore (INR 1.50 billion). This will be used for [...]