Tag Archives: Hathway Cable & Datacom

TDSAT asks Hathway to pay INR145.6 million to MSM Media

The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has directed Hathway Cable & Datacom to pay INR145.6 million to Multi-Screen Media Distribution Pvt. Ltd. Hathway, the multi-system operator, has also been asked to honour the MOU that it signed with MSM Media. The Memorandum of understanding between the companies runs till 31, October, 2015. “We, [...]

Hathway FDI proposal gets government nod

The government has approved Hathway Cable and Datacom Ltds proposal for increasing foreign investment limit for foreign institutional investors (FIIs) and foreign portfolio investors (FPIs). Den Networks proposal to increase funds, however, has been deferred. In all, the government has cleared seven foreign investment proposals, worth about INR9.81 billion. Hathway can now increase investment from [...]

TDSAT asks Hathway to continue providing signals to SVCOA

Multi- system operator, Hathway Cable & Datacom, has been asked to continue providing signals to cable operators affiliated to New Delhi-based Siddhi Vinayak Cable Operators Association (SVCOA). The Telecom Disputes Settlement & Appellate Tribunal (TDSAT) has asked the MSO and the SVCOA to continue their agreements on payments. According to Hathway, cable operators affiliated to [...]

Hathway posts INR 2.6bn revenue in Q2 FY 2015

Hathway Cable & Datacom has registered an overall revenue of INR 2.6 billion (USD 42.8 million) in the second quarter of the fiscal year 2014-15, up by 20%, as compared to INR 2.2 billion (USD 35.8 million) in the second quarter FY 2013-14. The MSO has incurred a loss of INR 393 million (USD 6.38 [...]