Thakur
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Hathway Cable & Datacom, India’s largest multi-system operator (MSO), has earmarked Rs 700 crore (Rs 7 billion) as capital expenditure for FY16.
While cable TV will consume Rs 420 crore (Rs 4.2 billion) at the consolidated level, the MSO will invest Rs 280 crore (Rs 2.8 billion) in broadband, a senior executive said. Carriage revenue in FY16 is expected to either stay flat or see a 5-7 per cent fall.
Though Hathway’s placement (carriage) revenue grew 9 per cent to Rs 629.9 crore (Rs 6.3 billion) in FY15, this took into account 15 months of GTPL’s (where Hathway is a JV partner) income.
“If you take into account 12 months of GTPL’s financials (and leave out the extra three months), then carriage revenue stayed flat in FY15.
This could show a similar trend this fiscal or we could even have a 5-7 per cent drop in carriage income,” a senior executive said. In FY16, the payout to television channels is expected to increase by 15 per cent.
Pay channel cost grew 22 per cent to Rs 813.1 crore (Rs 8.13 billion) in FY15, from Rs 666.4 crore (Rs 6.66 billion) a year ago.
“Content cost at the net level (total content cost minus carriage income) is expected to go up from Rs 22 per STB to around Rs 30 per STB,” the executive said.
Hathway’s investment of Rs 420 crore for cable TV in FY16 will be mainly for deployment of set-top boxes (STBs) in Phase III towns of digital addressable system (DAS).
Having already seeded 1.8 million set-top boxes (STBs) in Phase III territories, the MSO expects to deploy another 2.5 million boxes in the financial year.
Read more at:
http://www.televisionpost.com/cable/hathway-cable-plans-rs-700-crore-capital-expenditure-in-fy16/
While cable TV will consume Rs 420 crore (Rs 4.2 billion) at the consolidated level, the MSO will invest Rs 280 crore (Rs 2.8 billion) in broadband, a senior executive said. Carriage revenue in FY16 is expected to either stay flat or see a 5-7 per cent fall.
Though Hathway’s placement (carriage) revenue grew 9 per cent to Rs 629.9 crore (Rs 6.3 billion) in FY15, this took into account 15 months of GTPL’s (where Hathway is a JV partner) income.
“If you take into account 12 months of GTPL’s financials (and leave out the extra three months), then carriage revenue stayed flat in FY15.
This could show a similar trend this fiscal or we could even have a 5-7 per cent drop in carriage income,” a senior executive said. In FY16, the payout to television channels is expected to increase by 15 per cent.
Pay channel cost grew 22 per cent to Rs 813.1 crore (Rs 8.13 billion) in FY15, from Rs 666.4 crore (Rs 6.66 billion) a year ago.
“Content cost at the net level (total content cost minus carriage income) is expected to go up from Rs 22 per STB to around Rs 30 per STB,” the executive said.
Hathway’s investment of Rs 420 crore for cable TV in FY16 will be mainly for deployment of set-top boxes (STBs) in Phase III towns of digital addressable system (DAS).
Having already seeded 1.8 million set-top boxes (STBs) in Phase III territories, the MSO expects to deploy another 2.5 million boxes in the financial year.
Read more at:
http://www.televisionpost.com/cable/hathway-cable-plans-rs-700-crore-capital-expenditure-in-fy16/
