Cable TV
Fastway to deploy HD STBs with STMicroelectronics’ cable chipsets
MUMBAI: Fastway Digital TV Services, the multi system operator (MSO) operating mostly in Punjab has teamed up with STMicroelectronics for its HD interactive USB DVR set top boxes. They will have STiH273 HD cable chipsets.
This will enable Fastway deliver high quality HD content and access to several value added services including banner advertisements, interactive TV shopping and education services. It will also provide customers a better viewing experience with HD video and interactivity with advantages such as high integration, low power consumption and unmatched coordinated performance of CPU, video decoder and image quality processor.
Key features of the STiH273 chipsets include 1300DMIPs application CPU; integrated 256kB L2 cache increasing CPU performance for rich applications such as HTML5 browser, user interfaces, HD picture-in-picture and PVR; integrated digital video broadcast (DVB-C) demodulator, optimised to work with high-performance external tuners to meet stringent RF performance requirements of Indian cable networks; 16-bit DDR3 SDRAM support, integrated ePhy, no heat-sink for significant bill-of-material saving; Faroudja image quality processing; high quality and robust 1080p AVC (advanced video coding) video decoder with advanced error correction and concealment capabilities; integrated standby controller offering 0.5W standby power consumption with super-fast resume time; and best-in-class advanced security for all major conditional access systems (CAS).
Fastway Digital TV Services managing director Gurdeep Singh said, “Our new HD digital set top boxes benefit from STMicroelectronics’ feature-packed and flexible system-on-chip ICs, enabling an ideal platform to deliver innovative value-added services such as interactive education services, multi-genre digital music service, restaurants and events search guide and games to customers. With strong local support and cooperation from ST, we are well placed to drive digital migration and bring high quality TV solutions to our customers.”
Fastway Digital TV Services CEO Peeush Mahajan added, “STiH273 is clearly the right choice for our latest generation of STBs. ST has helped us create a customised solution optimised for India that helps us enhance customer satisfaction and sustain our leadership edge in our areas of operation.”
STMicroelectronics vice president Greater China and South Asia region and India Design Center director Vivek Sharma said, “We are proud to be part of Fastway’s digital set-top box roll-out that aims to deliver an enhanced viewing experience to millions of homes around India. Fastway’s selection of ST’s set-top box technology underlines our strengths and commitment to supporting the growth of the Indian digital TV market through cooperation with local key players.”
The chipsets are manufactured using 40nm process technology and support an enhanced processing engine with integrated on-chip features that simplify STB design, along with the possibility of a two layer PC board design. It also allows STB manufacturers to use lower-cost memory and minimise system power consumption, optimising total cost of ownership.
Cable TV
Hathway Cable appoints Gurjeev Singh Kapoor as CEO
Leadership change comes as cable TV faces shrinking subscriber base and modest earnings pressure
MUMBAI: Hathway Cable and Datacom has tapped industry veteran Gurjeev Singh Kapoor as chief executive officer, marking a leadership pivot at a time when India’s cable television business is under mounting strain.
Kapoor will take over from Tavinderjit Singh Panesar, who is set to retire in August after a long innings with the company. Panesar, chief executive since 2023, has held multiple leadership roles at Hathway, including his latest stint beginning in 2022.
Kapoor brings more than three decades of experience in media and entertainment. He most recently led distribution at The Walt Disney Company’s Star India business, now part of JioStar. His career spans television distribution and affiliate partnerships, with stints at Sony Pictures Networks India, Discovery Communications and Zee Entertainment.
Panesar, with over three decades in the industry, has worked across strategic planning, distribution and business development in media, broadcasting and manufacturing. His past associations include ESPN Star Sports, Star India, Apollo Tyres and JK Industries.
The transition lands as the cable sector grapples with structural disruption. Traditional operators are losing ground to streaming platforms, while telecom and broadband players tighten the squeeze with bundled offerings.
An EY report estimates India’s pay-TV base could shrink by a further 30 to 40 million households by 2030, taking the total down to 71 to 81 million. The slide follows a loss of nearly 40 million homes between 2018 and 2024, a contraction that has already wiped out more than 37,000 jobs in the local cable operator ecosystem.
Hathway’s numbers reflect the strain. The company reported a consolidated net profit of Rs 93 crore for FY25, down from Rs 99 crore a year earlier. Revenue inched up to Rs 2,040 crore from Rs 1,981 crore. As of December 2025, it had about 4.7 million cable TV subscribers and roughly 1.02 million broadband users.
Kapoor steps in with a familiar brief but a shrinking playbook. In a market where viewers are cutting cords faster than companies can reinvent them, the new chief executive inherits a business fighting to stay plugged in.







