Cable TV
DEN Networks selects STMicroelectronics for STBs
MUMBAI: Enhancing its set top boxes (STBs) and gateways for its six million subscribers, DEN Networks has tied up with STMicroelectronics (ST), the global semiconductor manufacturer and supplier of system on chip (SoC) ICs.
Using this technology in DEN’s new HD zapper boxes, it is looking at growing its customer base and revenues as well. The STiH273 (Palma) integrates a field-proven and widely deployed digital video broadcast-cable (DVB-C) demodulator that has been optimised to work with high-performance external controller area networks (CANs) and silicon tuners to meet the stringent RF-performance requirements of the Indian cable networks.
The STiH273 (Palma) also delivers high-quality Faroudja video, 3DTV support, connectivity, and advanced security schemes with all the latest conditional access system (CAS) support, including NSK2.
Manufactured in 40nm process technology, the chipset supports an enhanced processing engine with integrated on-chip features that simplify set-top box design, enable operators to take advantage of lower-cost memories, and minimize system power consumption.
“Our new high-definition digital set-top boxes leverage STMicroelectronics’ feature-packed and flexible SoC ICs, providing an ideal platform for us to deliver innovative value-added services to our customers,” said DEN Networks COO MG Azhar.
He further added: “The STiH273 SoC is clearly the right choice for our latest generation of set top boxes with the right power, versatility, and features to meet our market needs. We are confident that the chipset will help us in creating both enhanced customer satisfaction and sustaining our leadership edge in India.”
“As a leading Cable MSO in India, DEN Networks sets the trend for technology, modernisation, and radical transformation, and ST is proud to contribute to DEN’s strategic intent. DEN Networks’ selection of ST’s technology underlines our core competencies and reiterates our commitment to this fast-growing market through localization and cooperation with our India partners,” said STMicroelectronics regional vice president for greater China and south Asia region and director for India Design Center Vivek Sharma.
Cable TV
Hathway Cable appoints Gurjeev Singh Kapoor as CEO
Leadership change comes as cable TV faces shrinking subscriber base and modest earnings pressure
MUMBAI: Hathway Cable and Datacom has tapped industry veteran Gurjeev Singh Kapoor as chief executive officer, marking a leadership pivot at a time when India’s cable television business is under mounting strain.
Kapoor will take over from Tavinderjit Singh Panesar, who is set to retire in August after a long innings with the company. Panesar, chief executive since 2023, has held multiple leadership roles at Hathway, including his latest stint beginning in 2022.
Kapoor brings more than three decades of experience in media and entertainment. He most recently led distribution at The Walt Disney Company’s Star India business, now part of JioStar. His career spans television distribution and affiliate partnerships, with stints at Sony Pictures Networks India, Discovery Communications and Zee Entertainment.
Panesar, with over three decades in the industry, has worked across strategic planning, distribution and business development in media, broadcasting and manufacturing. His past associations include ESPN Star Sports, Star India, Apollo Tyres and JK Industries.
The transition lands as the cable sector grapples with structural disruption. Traditional operators are losing ground to streaming platforms, while telecom and broadband players tighten the squeeze with bundled offerings.
An EY report estimates India’s pay-TV base could shrink by a further 30 to 40 million households by 2030, taking the total down to 71 to 81 million. The slide follows a loss of nearly 40 million homes between 2018 and 2024, a contraction that has already wiped out more than 37,000 jobs in the local cable operator ecosystem.
Hathway’s numbers reflect the strain. The company reported a consolidated net profit of Rs 93 crore for FY25, down from Rs 99 crore a year earlier. Revenue inched up to Rs 2,040 crore from Rs 1,981 crore. As of December 2025, it had about 4.7 million cable TV subscribers and roughly 1.02 million broadband users.
Kapoor steps in with a familiar brief but a shrinking playbook. In a market where viewers are cutting cords faster than companies can reinvent them, the new chief executive inherits a business fighting to stay plugged in.
