The Subhash Chandra-Rupert Murdoch-owned
Siticable has finally managed to grab a major stronghold
in Mumbai. The cable TV MSO has signed an agreement with
south and central Mumbai cable network SpaceVision. SpaceVision
was earlier affiliated with UCN, another cable TV network,
both of which were taken over by the now defunct BiTV
Cable TV Networks. BiTV Cable, which included another
two headends in Mumbai and several others elsewhere in
India, was later taken over by the Rajan Raheja promoted
Hathway Cable, but the deal excluded SpaceVision.
Hathway had been trying very hard to
get SpaceVision to sign on with it but its promoters had
been resisting as they had differences with its management.
Space Vision has around 100,000 subscribers.
Siticable has agreed to set up a joint
venture with the four SpaceVision promoters. Three of
them had signed on at the time of writing while one was
holding out. But the Siticable management was confident
that things would finally work out.
According to sources, Siticable is paying
upwards of Rs 300 per subscriber to get the Space Vision
promoters into a joint venture. The new tieup will take
Siticable's subscriber base in Mumbai to more than 300,000.
The MSO recently launched a cable TV cinema channel called
SitiCinema and a news and current affairs service in Mumbai.