Cable TV
GTPL Hathway ropes in Verimatrix for secure Android TV rollout
Mumbai: Digital cable TV and broadband service provider GTPL Hathway Ltd (GTPL) has announced its partnership with Verimatrix leveraging the latter’s Video Content Authority System (VCAS) to protect its Google Android TV-based DVB hybrid set top box.
Verimatrix (Euronext Paris: VMX) helps power the modern connected world with people-centered security. Verimatrix VCAS is designed as a future-proof and scalable security solution for premium video content. Its DVB Hybrid offers GTPL a combination of protection and flexibility as delivery methods expand and evolve throughout India.
“Verimatrix is a time-tested content security leader in the market that offers unprecedented ease of deployment and gives us the confidence that we will be ready to easily adapt as our offerings progress,” said GTPL Hathway MD Anirudhsinh Jadeja. “By selecting Verimatrix as our security provider, we gain much more than just studio compliant protection – GTPL gains enhanced workflow and integration options as well as the reliability that we’re ready to rapidly scale up new subscribers across our areas of operation, to any additional devices we choose later, with a single security platform.”
“We are extremely pleased to announce GTPL Hathway as one of our latest customers,” stated Verimatrix COO and president Asaf Ashkenazi. “GTPL’s large customer base in India is provided a frictionless premium entertainment experience while their operators harness the full power of Verimatrix’s security innovations and award-winning customer support behind the scenes – ensuring GTPL is armed with the peace-of-mind it demands today and the performance and scalability it expects for tomorrow.”
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.
