Hathway Cable & Datacom, the multi-system operator (MSO), reported a 5.7% growth in standalone Total Income from Operations for the quarter that ended 30 June, 2015. TIO now stands at INR2.64 billion compared to INR2.50 billion in Q1-2015.
The company has 11.8 million subscribers; including 8.6 million subscribers accessing digital TV services. The third leg of digital addressable system or DAS Phase III is expected to increase the MSO’s presence in tier II and III cities. Hathway has installed 100,000 set-top boxes during the first quarter of the fiscal and its inventory stands at 500,000 STBs.
Hathway’s EBITDA was at INR327 million, down 25.4% to INR438 million in the corresponding quarter of 2014. Its Average Revenue per User or ARPU increased to INR 100 (net of tax) in Phase I markets and INR 76 in Phase II markets. Carriage revenue was up 8 %, reports Television Post.
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