In a BSE filing, Siti Cable said it intends to use the funds to meet expenditure to expand its business and working capital requirements and to reduce debts.
Ruling out extension of deadline in the second phase of digitisation, Information and Broadcasting minister Manish Tewari today said the government planned to implement the transition from analogue to digital cable in a sensitive manner.
The Karnataka High Court today ordered issue of emergent notices to Multi-System Operators and nodal officers in Bangalore on a plea seeking extension of the March 31 deadline for installing Set Top Boxes
Upset with multi-system operators (MSOs) for not having put in place subscriber management systems (SMS) despite completion of the first phase of digitisation, the Telecom Regulatory Authority of India (TRAI) has warned of cracking the whip.
Tamil Nadu Chief Minister J. Jayalalithaa Sunday urged Prime Minister Manmohan Singh to direct the ///
Government today made it clear that no further extension will be given to the mandatory cable digitisation in the four metros of Delhi, Mumbai, Kolkata and Chennai.
Signalling a clear intention to implement Cable Digitalisation by the due date, broadcasting sector regulator TRAI has pulled up broadcasters and Multi System operators (MSOs) for not finalising inter-connection agreements and has now set a August 21 deadline for it.
The I&B ministry has come out with new cable rules under which Multi System Operators (MSOs) and Local Cable Operators (LCOs) can lose their license if they fail to provide data on Digitalisation sought by the government.
One of the important recommendations from TRAI, which has not been terribly controversial, have been its new rules with respect to carriage fees that multi-system operators (MSOs) will be able to charge as well as the revenues sharing between the MSOs and the last mile cable operators.
Television viewers will soon get to choose a minimum of hundred FTA channels at a maximum retail price of Rs 100, as per new tariff rules for Cable TV announced by TRAI today.
G Subramanium, chief finance officer of Hathway Cable and Datacom, in an interview to CNBC-TV18, said that in a bid to meet March deadline, government is contemplating an ordinance to expedite digitisation.
G Subramaniam, CFO of Hathway, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, gave his perspective of the fourth quarter performance and their divulged future plans.
The television distribution plays are in the spot light with new norms for digitization being laid out starting with the first top four metros by March 2012. G Subramanium the CFO of Hathway in an interview on CNBC-TV18 talks about the latest developments in his sector.