Thakur
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DEN Networks, which has aggressive plans for cable TV digitisation and broadband, is looking to dilute its stake in the loss-making soccer business. “Investors have not liked us doing soccer.
We are looking to reduce our stake in this line of business,” a senior DEN Networks executive said. While the loss from Delhi Dynamos FC, DEN’s Delhi franchise for the Indian Super League (ISL), stood at Rs 46.05 crore (Rs 460.5 million) on a revenue of Rs 8.08 crore (Rs 80.8 million) in FY15, it is expected to drop marginally to Rs 35–40 crore (Rs 350–400 million) in the current fiscal.
DEN’s soccer business resides in its wholly owned subsidiary DEN Soccer Pvt Ltd. For the broadband business, the multi-system operator (MSO) plans to invest Rs 200–250 crore (Rs 2–2.5 billion) this fiscal. “The capex for broadband is Rs 2,500 per home passed.
This has come down to Rs 1,800 and is expected to further fall to Rs 1,600–1,800 per home passed,” the executive said. While the company has started with Docsis 3.0, it will also have GPON in some markets.
A small portion of the market will also be addressed through metro Ethernet. DEN’s broadband ARPU stands at Rs 750, but this may get diluted a bit going ahead.
The MSO may decide to price it more aggressively as it goes more mass. Now 40 per cent of its 23,000 broadband subscribers come from non-DEN homes. “We were in the soft launch phase.
We have been stepping up for the last two months. The plan is to have 3–4 million broadband subscribers over the next five years,” added the executive.
In cable TV digitisation, the capital expenditure will depend on the deadline for digital addressable system (DAS) in Phase III.
If the 31 December 2015 deadline is not extended, it will require more investments as it has a sizeable presence in the Phase III cities.
Read more at:
http://www.televisionpost.com/cable/den-plans-to-dilute-stake-in-soccer-biz-broadband-to-consume-rs-250-cr-in-fy16/
We are looking to reduce our stake in this line of business,” a senior DEN Networks executive said. While the loss from Delhi Dynamos FC, DEN’s Delhi franchise for the Indian Super League (ISL), stood at Rs 46.05 crore (Rs 460.5 million) on a revenue of Rs 8.08 crore (Rs 80.8 million) in FY15, it is expected to drop marginally to Rs 35–40 crore (Rs 350–400 million) in the current fiscal.
DEN’s soccer business resides in its wholly owned subsidiary DEN Soccer Pvt Ltd. For the broadband business, the multi-system operator (MSO) plans to invest Rs 200–250 crore (Rs 2–2.5 billion) this fiscal. “The capex for broadband is Rs 2,500 per home passed.
This has come down to Rs 1,800 and is expected to further fall to Rs 1,600–1,800 per home passed,” the executive said. While the company has started with Docsis 3.0, it will also have GPON in some markets.
A small portion of the market will also be addressed through metro Ethernet. DEN’s broadband ARPU stands at Rs 750, but this may get diluted a bit going ahead.
The MSO may decide to price it more aggressively as it goes more mass. Now 40 per cent of its 23,000 broadband subscribers come from non-DEN homes. “We were in the soft launch phase.
We have been stepping up for the last two months. The plan is to have 3–4 million broadband subscribers over the next five years,” added the executive.
In cable TV digitisation, the capital expenditure will depend on the deadline for digital addressable system (DAS) in Phase III.
If the 31 December 2015 deadline is not extended, it will require more investments as it has a sizeable presence in the Phase III cities.
Read more at:
http://www.televisionpost.com/cable/den-plans-to-dilute-stake-in-soccer-biz-broadband-to-consume-rs-250-cr-in-fy16/
