Cable TV
Consumers for Cable Choice(USA) nears 700,000 members
MUMBAI: American organisation Consumers for Cable Choice has announced that 15 new groups have joined its effort to bring further competition to the US cable television industry.
The expansion increases the alliance’s group members to 38, and combined membership to nearly 700,000.
Consumers for Cable Choice executive director Jim Conran says, “We are thrilled that so many advocacy groups have joined our alliance, and we expect to continue to grow both group and individual memberships. These diverse groups are coming together because competition offers so many obvious benefits to so many different customers. Clearly, momentum for competition is building.”
The newest members of Consumers for Cable Choice include the American Agriculture Movement, American Corn Growers Association, California Farmers Union, Federation of Southern Cooperatives and the League of Rural Voters.
Organisations who have joined say that many rural citizens in the US can’t get basic cable except through satellite companies. High-speed Internet is largely unavailable making it easier for companies to offer these services.
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.
