Broadband and cable TV service provider Hathway Cable and Datacom are planning a Capex
of Rs 310 crore in FY19. The company had deployed a similar Capex in FY18. The company is
also getting aggressive on high definition (HD) set-top box (STB) deployment. It plans to seed
2.5 lakh HD STBs in FY19.
In FY18, the company had spent Rs 225 crore on broadband business and Rs 85 crore on the
cable TV business. The intention is to spend a similar amount on the two businesses in FY19.
“In FY18, we spent around Rs. 225 crores in broadband capex and around Rs. 85 crores in
video business capex. We intend to spend similar capex in FY2019 as well. In terms of addition
of consumers, we have seen good momentum so we are confident that this momentum will
continue in FY2019 as well,” Hathway Cable and Datacom MD Rajan Gupta told analysts
during an earnings call.
Hathway Plans to seed 2.5 Lakh HD Set Top Boxes tv kanalları | |
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| People & Blogs | Upload TimePublished on 3 Jul 2018 |
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