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MUMBAI: Multi-system operator (MSO) Ortel Communications has posted a net loss of Rs 2.8 crore for the quarter ended 31 December compared to a net profit of Rs 2.5 crore in the quarter ended 30 September.
The net loss is due to a 4.8% dip in revenue, which fell to Rs 51.2 crore, and an increase of 7.7% in expenditure to Rs 40 crore.
The MSO’s revenue from cable TV segment dropped 4.8% to Rs 40 crore compared to Rs 42 crore in the trailing quarter due to a 40.8% drop in connection fees and a 7.4% fall in carriage fees.
Connection fees during the quarter dropped to Rs 2.5 crore compared to Rs 4.2 crore, while carriage fee fell to Rs 7.5 crore from Rs 8.1 crore.
Ortel’s total cable TV subscribers declined to 738,963 from 725,707. Total primary broadband subscribers declined to 72,503 from 79,182.
The company’s ARPU from the cable TV segment fell to Rs 150 from Rs 153 while broadband ARPU fell to Rs 394 from Rs 406. Its pay channel cost per subscriber increased to Rs 41.83 from Rs 40.62.
Ortel slips into loss in Q3 as rev dips and costs go up | TelevisionPost.com
The net loss is due to a 4.8% dip in revenue, which fell to Rs 51.2 crore, and an increase of 7.7% in expenditure to Rs 40 crore.
The MSO’s revenue from cable TV segment dropped 4.8% to Rs 40 crore compared to Rs 42 crore in the trailing quarter due to a 40.8% drop in connection fees and a 7.4% fall in carriage fees.
Connection fees during the quarter dropped to Rs 2.5 crore compared to Rs 4.2 crore, while carriage fee fell to Rs 7.5 crore from Rs 8.1 crore.
Ortel’s total cable TV subscribers declined to 738,963 from 725,707. Total primary broadband subscribers declined to 72,503 from 79,182.
The company’s ARPU from the cable TV segment fell to Rs 150 from Rs 153 while broadband ARPU fell to Rs 394 from Rs 406. Its pay channel cost per subscriber increased to Rs 41.83 from Rs 40.62.
Ortel slips into loss in Q3 as rev dips and costs go up | TelevisionPost.com
