The GTPL Hathway stock was under pressure on Friday on fears of competitive technology from Reliance Jio.
In an interview to CNBC-TV18, Aniruddhasinhji Jadeja, Promoter & MD of GTPL Hathway spoke about the latest happenings.
According to him, there is no threat for cable TV.
He further said that GTPL Hathway's connection is based on real time.
There is no need to reduce prices for cable TV, he added.
Watch accompanying video for more details.Disclosure: Reliance Industries, the parent company of Reliance Jio, owns Network 18 that publishes Moneycontrol.com.