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Breaking Hathway promoters plan to infuse Rs 150 cr more in next 18 months

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Television Genius
1 Aug 2014
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Gupta noted that the company 34,000 HD consumers in first four months of FY19. The company is getting Rs. 80 per consumer per month incremental revenue from these HD consumers.

“We have recently strengthened our HD pack with Hathway now having the highest number of HD channels across any other DTH and cable platforms. We now give 96 HD channels and this should further add momentum to our HD growth strategy,” he said.

Hathway will deploy Rs 160-170 crore Capex in the broadband business in FY19. The company has no plan to increase broadband Capex. “Our broadband Capex guidance for the year will be more like an Rs. 160-170 crore debt from earlier Rs. 210-220 crores, because we don’t require additional home pass as of now. We want to focus more on modernising current home passes,” Gupta revealed.
Hathway promoters plan to infuse Rs 150 cr more in next 18 months – TelevisionPost: Latest News, India’s Television, Cable, DTH, TRAI
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