Jagdish Kumar quits Hathway; Rajan Gupta is made new MD


Tata Play Expert
16 Jul 2013
Reaction score
MUMBAI: Hathway Cable and Datacom has announced a series of major changes in its top management team.

Source : The Hindu
Hathway’s managing director and CEO Jagdish Kumar has quit with immediate effect.

Rajan Gupta, who was serving as president of Hathway’s broadband business since 2014, has taken over as the company’s new managing director.

In another major move, T.S. Panesar, current president of Hathways’ video business, has been elevated to the position of CEO of video business.

Kumar had taken over as the MD and CEO of Hathway in December 2012 and led the company’s growth through the digitisation phase establishing its position as one of the leading digital cable TV and broadband service providers in the country.

Gupta, who had led Hathway’s aggressive foray into high-speed cable broadband services in the country, is now in charge of the company as its managing director. His mandate is to build on Hathway’s leadership in broadband and video business and take Hathway to the next phase of strategic transformation of creating a profitable consumer centric organisation by maximising innovation, execution and collaboration.

With a broadband subscriber base of close to 0.8 million and services reaching more than 3.7 million homes, Rajan is credited with establishing & building a profitable broadband business for Hathway, setting it way ahead of other competing players.

With most MSOs in the country expanding their business and entering the cable broadband space, Hathway has been a step ahead in offering cutting-edge broadband services under Rajan’s leadership with continued investments in high-speed technology such as Docsis 3.0 and GPON FTTH, providing 50 MBPS speed plans, constant upgradations in customer service and increasing market share.

Rajan is an engineering graduate and MBA (Marketing and Finance) from IIM-Bangalore. He brings with him 18 years of diverse experience across various aspects of management, sales, marketing, P&L management, revenue growth management, go-to-market strategy, business turn around and manufacturing operations across different regions of India.

Over 18 years of experience, he has handled various business leadership roles with Tata Teleservices, Hindustan Coca-Cola and Asian Paints.

Having joined the company in December 2014, Panesar is an industry veteran with two decades of leadership experience in the consumer durables and TV broadcasting industry having worked with leading brands like ESPN Star Sports, STAR TV.

Having multi-functional experience, Panesar was part of the core management team that was instrumental in setting up the ESPN Star Sports brand in India and building its DTH business. He has been credited with bringing a transformational shift in the cable TV operations of the company, making it more transparent, systematic and process driven.

Under Panesar’s leadership, Hathway has aggressively grown in DAS 3 markets having crossed 11 million digital subscribers and launched many breakthrough initiatives such as “Hathway Connect”, the state-of-the-art, innovative portal for LCOs that has been widely appreciated by the industry & LCO fraternity for increasing their revenue and reducing operational costs. In addition, he has also led the launch of new in-house channels, rebranding & repositioning the current stable to create a robust portfolio as well as leading the companys’ foray into Value Added Services (VAS) offering a premium customer experience.

Jagdish Kumar quits Hathway; Rajan Gupta is made new MD | TelevisionPost.com
Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock