Hathway Cable and Datacom has reported a consolidated revenue of INR2.39 billion in the third quarter FY 2015 as compared to INR2.34 billion in the third quarter FY 2014 with a growth rate of 1.9% year-on-year. EBITDA stood at INR246 million in Q3 FY 2015.
During the quarter, income from cable business stood at INR990 million and INR513 million respectively. Carriage and placement income was INR758 million and activation income from set-top-boxes was INR72 million. Placement revenue was affected due to content related issues in Q3 FY15 and it has been resolved with broadcasters, said the company.
Hathway has added 70,000 subscribers in the third quarter FY 2015. The MSO has captivated 11.70 million, 8.50 million and 6.40 million subscribers in cable universe, cable digital and cable paying segments respectively at the end of December 2014. Hathway has seeded over 70,000 set-top-boxes in Q3 FY2015.
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