Cable TV
Arasu to formally launch DAS in Chennai on Sept. 1
NEW DELHI: The Tamil Nadu Arasu Cable TV Corporation, which is still to get a permanent digital licence necessary for an MSO, is formally launching its digital system on 1 September 2017. Tamil Nadu Chief Minister Edappadi K. Palaniswami is expected to grace the occasion.
Ministry of Information and Broadcasting (MIB) had in April this year given a provisional MSO licence to Arasu on the condition that it adopts DAS within three months, a condition that has been extended from time to time.
Taking the ground that it had failed to get an adequate number of digital set top boxes, TACTV or Arasu had sought extension for three months beyond mid-July, but the centre had only agreed to one month till 17 August 2017. Consequently, TACTV has been asked to complete the digitisation process by 17 August failing which the provisional the “registration may be suspended/revoked.”
A TACTV official, who did not want to be named, had then told indiantelevision.com that the state government-controlled MSO already put up most of the digital head-ends and would be ready to transmit signals by mid-August.
According to an Arasu official, the real problem lay in the availability and seeding of seven million digital set top boxes, which may take more time. It had floated tenders in this connection to get India-made STBs, the official had said.
Arasu is aiming at six million standard definition (SD) set-top boxes and one million high definition (HD) set top boxes.
The proposed TV services (300 channels to start with that would be expanded to 500) will be in MPEG 4 standard definition. About 30 TV channels would be beamed in HD, while there would be also provision for 20 FM audio services.
Though the regional party in Tamil Nadu AIADMK, which regained hold over Tamil Nadu few years back, had promised to give free STBs to subscribers as part of its election campaign, Arasu sources said a final call on that will be taken by the chief minister.
AIADMK, a political ally of the ruling BJP-led coalition in New Delhi, is presently in turmoil and witnessing intra-party churning.
Few days back, local cable operators had held a protest rally against Arasu alleging that it was being handed favourable treatment by MIB and that distribution of free STBs would upset the business model other players in the state.
Meanwhile, the government is still to take a final decision on repeated reports by the Telecom Regulatory Authority of India that states, political parties, and religious groups should not be permitted in broadcasting or distribution sectors.
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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.
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.
