Cable TV
Hathway targets mass markets with new broadband packages
MUMBAI: Hathway Cable Internet has set its sights on netting the broadband internet mass market with two new packages – Liteway and Paceway..
The Liteway package for 256 Kbps speed starts at 50 paise per MB for a minimum of 1 GB downloads on a monthly basis at Rs. 500. The Liteway Prepaid packages for 256 Kbps speed start at 43 paise per MB.
Hathway claims that its broadband network is the only network which is fully ready and operational with Digital Video services. It also provides speeds from 256 Kbps to several Mbps with no limitation on distance between subscriber premises and NOC
(network operating center).
Hathway Cable and Datacom MD and CEO K. Jayaraman said, “These new packages will attract more subscribers and increase awareness about broadband amongst the consumers and our mission is to meet the requirements of the subscribers by offering packages at affordable prices. This new initiative will expose Internet users to a high-speed broadband experience at affordable prices.”
Last year Hathway launched a high-speed broadband package- Hathway 256 kbps for Rs. 750 per month. The package introduced high speed surfing at an affordable rate and aimed at encouraging the usage of broadband services and increasing the awareness level about broadband among residential users.
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.
