Good News Hathway board approves allotment of 3.08 cr preference shares to promoter firm

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Hathway has planned a Capex of Rs 310 crore in FY19. The company had deployed a similar Capex in FY18. The company is also getting aggressive on high definition (HD) set top box (STB) deployment. It plans to seed 2.5 lakh HD STBs in FY19.

In FY18, the company had spent Rs 225 crore on broadband business and Rs 85 crore on the cable TV business. The intention is to spend a similar amount on the two businesses in FY19.
Hathway board approves allotment of 3.08 cr preference shares to promoter firm – TelevisionPost: Latest News, India’s Television, Cable, DTH, TRAI
 
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