Cable TV
Cisco powers Siti Cable’s DOCSIS 3.0 technology for broadband
MUMBAI: Siti Cable, that controls nearly 4.3 million digital cable TV subscribers, has chosen Cisco to boost its broadband. The tech company will provide DOCSIS 3.0 technology for its broadband service in the country.
Through this, the MSO will be offering speed of up to 100 mbps. DOCSIS 3.0 can offer download speed of upto 300 mbps per subscriber and the upload capacity up to 100 mbps. As earlier reported by indiantelevision.com, this technology has been launched in Delhi and NCR.
Speaking on the association, Siti Cable CEO VD Wadhwa said, “It is an absolute pleasure to be introducing our broadband service. We plan to accelerate the deployment to capitalise on the enormous business potential this market currently holds. With the deployment of this technology, we are uniquely positioned to offer superior Internet browsing, video streaming, video surveillance and rich media content on the same coaxial cable that delivers high-quality digital cable TV signals. We will offer much higher speed at highly competitive price. We are confident that Cisco’s technological expertise will help us in the achievement of this goal.”
Cisco India and SAARC service provider sales managing director Sanjay Kaul said, “It is commendable to see Cisco’s vision, to be the leading enabler of ICT (Information and Communications Technology) and broadband acceleration in India, coming closer to reality. We believe that the cable TV industry has the potential to transform the broadband industry in India and would like to congratulate Siti Cable for marking an important milestone on this roadmap.”
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.
