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DAS: Andhra seeks extension even as MIB warns

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MUMBAI: As cable digitisation deadline gets over today, the Andhra Pradesh chief minister N Chandrababu Naidu has written to the central government seeking extension of cable TV digitisation deadline up to December 2017. However, on 30 March, reiterating the switch-off of analogue signals of cable television from 1 April 2017, all broadcasters, MSOs and local cable operators were warned by the central government that action would be taken against defaulters.

The CM has explained the significance of extension of the deadline, the Hans India reported. The state government has already made plans to provide internet facility, cable TV through its Fiber Grid project.

The projects works are under construction and said that works would be completed by December this year. If the government would extend the deadline for Fiber Grid project, it would benefit to people of state and the government. The infrastructure for this project has been readied, he stated, adding that the distribution work was under way.

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Indiantelevision.com had reported on 19 December about Chandrababu Naidu’s letter to the union minister of urban development , information and broadcasting, housing and urban poverty alleviation M Venkaiah Naidu seeking extension of deadline for digitalisation of Cable TV services in the state he governs — Andhra Pradesh.

In the letter dated 3 December, 2016, the chief minister stated: Under A.P. Fiber Grid Phase-I Project, a state-wide high speed Optical Fiber Network Infrastructure has been setup across the 13 Districts of the State leveraging the assets of the Electricity Department. A 24-Core ADSS Optical Fiber Cable has been laid for a length of around 23,000 Kms. over the electrical poles with its back-end electronic systems set up as the Points of Presence (PoPs) at 2445 identified locations. mainly electrical sub-stations. A state-wide control and command centre for this entire network has been commissioned at Visakhapatnam as a Network Operations Centre (NOC).

The services from AP Fiber Grid will be delivered by the Andhra Pradesh State FiberNet Limited (APSFL) to the end-users i.e. households. offices / enterprises in partnership with the Multi System Operators (MSOs) and Local Cable Operators (LCOs) etc, the letter stated.

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(Around) 13,325 LCOs and MSOs have been registered so far with APSFL as business partners to provide last mile services. The works of AP Fiber Grid have been completed and at present the infrastructure is ready for delivering the intended Triple Play Services to the households / offices. Services are being provided successfully on a pilot/test basis to identified households/offices and the commercial Public services are planned to be launched in December 2016, Chandrababu’s letter added.

The digitalisation of Cable TV services is not yet completed in Andhra Pradesh. To accelerate this process. APSFL has initiated procurement of Customer Premises Equipment Boxes (GPON basic box+ IPTV box with WiFi) for enabling expeditious spread of AP fiber triple pay services in A.P. The CPE boxes will be seeded to the households through the APSFL’s last mile business partners i.e., MS0s/LCOs, the letter added.

Also Read :

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MIB warns MSOs, LCOs against analogue TV signals from 1 Apr

Extend DAS deadline to Dec ’17 for fiber expansion, Andhra CM writes to MIB

 

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Cable TV

Den Networks Q3 profit steady despite revenue pressure

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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.

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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.

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