Cable TV
Bandwidth key to convergence economy
MUMBAI: Television will become the centre of communication convergence in India as computer penetration is still very low, experts at a seminar on Monday said.
Content, infrastructure and telecom service providers will come together to exploit cross products and cross platforms. “Convergence is a catalyst to the building of an information society that has the capacity to generate productivity gains and new forms of communication,” said Hamadoun Toure, director of telecommunication development bureau, International Telecommunications Union, Geneva.
Toure was delivering the keynote address at the third International conference on “Communication Convergence – The Change Agent”, organised by Indian Merchants’ Chamber.
Inaugurating the two-day conference, Maharashtra minister for finance and planning Jayantrao Patil said India had the world’s sixth largest telecom network. “We have 43.18 million fixed connections and 36.32 million mobile connections, putting the total at 79.50 million till May 2004. The government has set a target to establish 175 million connections by 2010”, he said.
Elaborating e-governance as a priority area, Patil said Maharashtra was the first state in India to digitise its revenue records, village maps and individual land titles. “We will soon update and digitise the maps of villages by using remote sensing technology”, he added.
Speaking on the occasion, Reliance Industries Ltd. Executive director Hital Meswani said voice, data, video and Internet will come together at the physical and commercial level. “Convergence is happening at the service, network and device levels. It is bandwidth that is spurring the convergence economy,” he added.
Education, healthcare, banking system and telecom will be some of the areas where convergence will make its impact felt. Home shopping through television, e-commerce, customer care at the retail level, stock quotes and transactions will be enabled by the convergence economy.
“Play and plug will soon become a way of life. Voice over Internet Protocol will emerge through the common cable. Video-on-demand and time-shifted TV will be possible on IP networks,” Meswani said.
Visual entertainment will integrate various value chains and movie broadband streaming will become a commercial possibility. E-learning will also become big in India, laying the foundation for a strong business process outsourcing (BPO) base for the world. “Reliance Infocomm is conscious of this convergence economy and intends to play a leadership role in it,” Meswani said.
Opening the session on “Living, Learning and working in Convergence Age”, F C Kohli, former deputy chairman, Tata Consultancy Services said digital technology was becoming the infrastructure in the manner that it has become the enabling technology for automation and controls, manufacturing operations, healthcare systems, agriculture, education and in providing solutions to complex societal problems.
In computers, China has grown four to five times than India over the last 10 years. This was achieved by writing large amounts of software in Mandarin language for manufacturing, utilities, government and education sectors. Computerisation contributes to developing competitive exports of Chinese electronic and manufactured goods worth $40 – $50 billion per year compared with direct Indian software exports to the tune of $15 billion. “By overemphasising the direct exporting of software, India has neglected to write software in its local languages. It has missed the opportunity to create a larger and deeper foundation for its participation in globalisation. If India was to grow as fast as China, it would require ten million computers a year, much more than the three million computers imported in 2004,” he said.
Speaking on the topic “The Net in Service of People”, Vijay Mukhi’s Computer Institute MD Vijay Mukhi said high-speed Internet would make video blogs popular in the near future.
“With high-speed Internet becoming popular, normal blogs will be replaced by video blogs. This will be like opening your personal TV channels,” he said.
Other noted speakers included State Bank of India chairman AK Purwar, Universal Service Obligation Fund administrator Shyamal Ghosh and India-Israel Ventures director and former HTMT director KV Seshasayee.
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.
