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We believe the new cable TV tariff order will benefit everyone - Hathway Cable video CEO TS Panesar
Tavinderjit Panesar is in the hot seat. As the CEO of the video business of the listed MSO and Rajan Raheja group company Hathway Cable & Datacom, he has to steer it in challenging times.
The company’s share price has been waddling around in Rs 30-40 price range despite being spoken of as one of the jewels in India’s cable TV sector, and attracting investment from international firms.
But, digitisation has put the entire sector under pressure; especially phase III and phase IV. Phase I and Phase II, while they have been reported as completed, have not resulted in the sector getting the same organised structure that the telecom sector is. Then, ARPUs from subscribers have increased only marginally, even as investments in infrastructure in terms of STBs, content from broadcasters, customer service, and programming have been going up.
To top it all, Indian broadcasters have objected to the draft tariff order that the industry regulator TRAI has issued, and have taken the matter to court. Which has left the distribution sector between a rock and a hard place as no one knows which direction tariffs will take.
In such a scenario, the feisty industry veteran will have to bring all his 13 years and more of TV distribution experience to bear in order to deliver what he has been brought in for. He took over as the CEO of the video business from Jagdish Kumar who departed from the company in November 2016.
Indiantelevision.com’s Parvinder Sandhu got into a conversation with Panesar to discuss about the industry, its state and the way forward. Excerpts:
We believe the new cable TV tariff order will benefit everyone - Hathway Cable video CEO TS Panesar | Indian Television Dot Com
Tavinderjit Panesar is in the hot seat. As the CEO of the video business of the listed MSO and Rajan Raheja group company Hathway Cable & Datacom, he has to steer it in challenging times.
The company’s share price has been waddling around in Rs 30-40 price range despite being spoken of as one of the jewels in India’s cable TV sector, and attracting investment from international firms.
But, digitisation has put the entire sector under pressure; especially phase III and phase IV. Phase I and Phase II, while they have been reported as completed, have not resulted in the sector getting the same organised structure that the telecom sector is. Then, ARPUs from subscribers have increased only marginally, even as investments in infrastructure in terms of STBs, content from broadcasters, customer service, and programming have been going up.
To top it all, Indian broadcasters have objected to the draft tariff order that the industry regulator TRAI has issued, and have taken the matter to court. Which has left the distribution sector between a rock and a hard place as no one knows which direction tariffs will take.
In such a scenario, the feisty industry veteran will have to bring all his 13 years and more of TV distribution experience to bear in order to deliver what he has been brought in for. He took over as the CEO of the video business from Jagdish Kumar who departed from the company in November 2016.
Indiantelevision.com’s Parvinder Sandhu got into a conversation with Panesar to discuss about the industry, its state and the way forward. Excerpts:
We believe the new cable TV tariff order will benefit everyone - Hathway Cable video CEO TS Panesar | Indian Television Dot Com