Cable TV
Axom Communications signs bandwidth agreement with Airtel
KOLKATA: Assam-based multi-system operator (MSO), Axom Communications and Cable, has signed an agreement with telecom major Airtel for one year. The main objective of this is to have better bandwidth and reach in all the seven north eastern states, where the company operates.
Currently, the MSO boasts of around six lakh cable TV connections in Assam including the lower and central parts of the state. It had installed a digital headend in 2009 and had laid down the fiber connecting around 250 kms from three sides of Guwahati, the commercial hub of Assam.
Axom Communications and Cable director Sanjive Narain said that this bandwidth would easily help in connecting all the seven north eastern states. “Before the cable TV digitisation starts in full swing in phase III and IV, we have already finished 60-70 per cent of the work in Guwahati,” he added.
“Out of the six lakh connections, more than 70,000 cable homes have been converted into digital signal even before the digitisation process has started in the state,” he explained talking about Guwahati.
“Fiber network connectivity work is on in other states like Tripura, Nagaland, Meghalaya to name a few,” he further added.
The company has around 10 analogue headends and one digital headend in total, informed Narain.
It should be noted that Assam and other north eastern states are likely to digitise their cable TV homes in the phase III and IV of digitisation. “Right now the process has not started in the true sense, but the industry is getting ready,” he said.
With a terrain where cable cannot reach easily, there is a sizeable penetration of DTH in this market. “We will convert a DTH home into cable TV home by giving a lucrative option to consumers,” he concluded.
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
