Cable TV
Intec to supply Convergent Billing to MTNL
MUMBAI: India’s largest telecom and internet service providers Mahanagar Telephone Nigam LTD(MTNL), has struck a multi-million dollar deal with Intec, a leading software vendor to carriers operating fixed, mobile and next-generation networks, to supply its convergent billing systems.
Intec supplies billing software solutions to over 60 per cent of the world’s top 100 telecoms carriers and is one of the world’s fastest growing major business and operations support systems vendors( BSS/OSS ).
MTNL has a subscriber base of over 5 million in India. And Intec Convergent Billing (Singl.eView) will form a key part of the carrier’s convergence strategy for rapid penetration and growth via innovative, next generation communications services in India.
“Intec Convergent Billing is a proven solution in many of the world’s largest wireless, fixed, cable and IP carriers, supporting many millions of subscribers in our largest accounts. We’re proud to be selected by MTNL for this important project, in a very competitive tender, and we look forward to supporting its growth and development plans in the Indian market,” said Intec CEO Kevin Adams.
Intec Chief Operations Officer, Asia Pacific, Norm Halvorson added, “Intec is proud to work with MTNL to deliver high quality, leading edge technology, robust performance and the benefits of next generation services to a wider spectrum of the Indian market.”
Intec’s products, solutions and services have been chosen by over 60 per cent of the world’s top 100 carriers. Intec invests heavily in both its core technology and its customer service capabilities on a global basis, including, for example, its expanding technical facilities in India which are delivering and supporting successful OSS/BSS projects to operators in India as well as across the world.
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.
