Cable TV
Essar to build telecom site infrastructure for sharing with operators
MUMBAI: Essar Group has floated a new company, Telecom Tower and Infrastructure Pvt Ltd (TTIPL), to build telecom site infrastructure and share it with various telecom operators. This will push down the cost for telecom infrastructure.
The company has already built 150 sites for Hutchison Essar in the BPL Communications’ circles of Tamil Nadu, Maharashtra and Kerala. “We plan to have 500 sites by May. We have also responded to a tender floated by Tata Teleservices for building base towers,” says Essar Teleholdings president Ajay Madan.
Hutchison Essar is a joint venture company with Hutchison Whampoa and is one of India’s largest telecom companies with a national presence and a subscriber base close to 14 million.
Essar is hunting for a CEO to head TTIPL, says Madan. The company was incorporated recently and aims to help reduce costs for telecom operators by focusing on sharing the same infrastructure with multiple players.
TTIPL will acquire, design and construct the Base Transceiver Station (BTS) site and provide the tower allied facilities including civil, electrical and other requirements. Provision of stable power and air conditioning for housing the equipment will also be undertaken by the company, says Madan.
Cellular operators will have the advantage of not locking up their funds in building civil and electrical infrastructure. Since TTIPL will focus on site acquisition and maintenance on a massive scale, it will have built in operational efficiencies which it will be able to transfer to the cellular operators, says Madan. No license fee is payable by the operator for this method of infrastructure sharing.
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.
