Cable TV
Convergence 2006: tech & trends galore
NEW DELHI: The 14th Convergence India 2006, which was inaugurated yesterday by the minister of state for telecommunications Shakeel Ahmed, saw over 60,000 visitors on day two, clamouring to have a peep at new technology on display.
The event also hosted a high-powered round table conference comprising infotech secretaries from the states of Uttar Pradesh, West Bengal, Uttaranchal, Himachal Pradesh and Karnataka (that has been the home to some of the biggest Indian infotech success stories).
The round table meet focussed on bridging the digital divide and a host of other issues.
The three-day event, boasting of 386 exhibitors, 1,500 delegates and 23 countries, is aimed at highlighting India’s information, communications and telecom (ICT) prowess.
Designed around the theme of `ushering the ICT revolution’, Convergence 2006 has global and Indian corporates showcasing technology and equipment in the field of mobility, broadcasting, infotech and network security.
The event is jointly organized by the Cellular Operators Association of India (COAI) and Exhibitions India.
According to Exhibitions India MD Prem Behl, “Alongside the display of latest technologies and innovations in telecom, India’s leading mobile service providers are showcasing innovations being brought into the market.”
Director-general of COAI TV Ramachandran said that the organization is confident such an event will bring additional focus to the needs of the industry that are essential for the overall growth of the sector.
“The B2C and B2B environment at the event will translate into extensive exhibitor coverage converging into genuine business opportunities,” he added.
Known for facilitating business deals and throwing up new ideas for discussion during conferences that are held simultaneously, the event is also being used by companies to launch new products.
For example, Chinese telecom major Huawei today launched eight new CDMA handsets and it is also showcasing its globally award-winning exhibit booth at the Convergence 2006.
Some of the participating companies include 3M Electro & Communication India Pvt Ltd, A&P Technologies of Korea, Accelink China, Acceltree Software Pvt Ltd India, Ace Marketing China , AFL Telecommunications of the US, Canada’s Aheeva Technology Inc, Ai-Logix APAC of China, ALV Arion of Israel, Andrew Telecommunications India and Avitec of Sweden.
Also, taking part in the event are Beijing Fibridge Co Ltd, Bharat Sanchar Nigam Limited, BindView Corporation of the UK, Biometrics Direct of the US, China Broadcasting Journal, Consumer Electronics & TV Manufacturers’ Association (CETMA) India, department of IT, India, Enterprise Networks Asia of Hong Kong, Euromedia of the UK, Lucent Technologies Hindustan Pvt Ltd, Scientific-Atlanta (HK) Ltd, Shenzhen HXT Technology Co Ltd of China, Shin Satellite of Thailand and ZTE Corporation.
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.
