Cable TV
Indian MSO Radiant Digitek Network selects Pace pre-integrated software and STB solution
MUMBAI: Pace, a global leader for digital TV and broadband technologies, is pleased to announce that Indian cable MSO, Radiant Digitek Network has selected its pre-integrated middleware, conditional access and set-top box solution to deliver premium TV services to its subscribers. Pace’s pre-integrated solution is a cost-effective solution for operators who seek a high quality turnkey pay TV platform but don’t have the time or resources to manage multiple technology partners or complex systems integration work.
With a heritage of reliable, high-quality hardware design Pace’s turnkey solution is fully DVB-C compliant and includes their high performance Standard Definition (SD) MPEG-2 cable set-top box (STB), Elements Middleware, and Titanium cardless CAS, enabling cable operators to deliver a feature-rich experience to viewers and build new revenues as the growth in digitisation in India continues.
Radiant Digitek, a major cable MSO in the Rajasthan region in North India, has selected the turnkey Pace solution based on lower total cost of ownership, quality of service and improved time to market Pace could provide. The solution incorporates a wide range of EPG features, including favourites, channel list management, personal video recording and parental control.
Lokesh Joshi, Director for Radiant Digitek Network comments: “We needed a solution that would enable us to quickly roll out digital services to our customers at a low total cost of ownership. The Pace end-to-end integrated solution has provided us with a one stop shop solution from a trusted partner who believe in a personalised quality of service.”
Miguel Gil, VP and General Manager for Pace International Software and Services, comments: “Pace’s turnkey hardware and software solution is perfect for Indian cable operators looking for a flexible, cost-effective solution that is quick to deploy, while maintaining the high quality that customers have come to expect from Pace. As cable MSO’s look to exploit the opportunities from digitisation, Pace can enable them to quickly deploy an enhanced viewing experience and new services to subscribers at attractive economics.”
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.
