DTH
International Datacasting Corporation wins contract from Shin Broadband for New Asia IPTV service
MUMBAI: Shin Broadband Internet in Thailand has awarded a contract for a next generation Internet Protocol TV (IPTV) push video on demand service in Asia to International Datacasting Corporation to provide IDC’s Datacast XD Content Management and Distribution software.
The contract calls for the initial roll-out phase of the system with options for expansion as the service reaches full deployment.
Shin Broadband Internet pushes High Definition (HD) movies over the Shin Satellite Ipstar system across Asia to low cost consumer Set-Top-Boxes (STBs) located in user’s homes. IDC’s Datacast XD software will be used to manage the delivery of this content on this network.
IDC is also responsible for the project management and system integration of the project which also utilizes Irdeto encryption for content security inside the STBs which are manufactured by Homecast of Korea.
Ipstar is a new satellite network that provides business and residential Internet service throughout the Asia-Pacific region. The total number of satellite user terminals provided by Shin Satellite is currently over 70,000 and growing.
The new PUSH-VOD service uses excess Ipstar satellite bandwidth when available to push HDTV movies onto the local hard disk drive of the Homecast STB, storing digitized movies for later use. The new PUSH-VOD subscription service ensures that users receive new movies daily and operation of the STB is similar to the way a consumer plays back movies from a PVR/DVR at any time.
The STB utilizes the most modern MPEG AVC/ H.264 video compression technology available to provide the highest quality video possible along with multi-channel sound. The STB inside of the customer’s house is connected to the TV and to the Shin’s Ipstar terminal.
Ron Clifton the President and CEO of International Datacasting Corporation said “Shin Satellite is one of the most advanced service providers in Asia and we are delighted that they selected our technology and recognized our skills and experience in integrating IPTV systems of this type.
Our Datacast XD technology was originally developed to meet the needs of satellite, cable and IPTV customers for a broad range of multimedia file transfer and streaming applications. The inclusion of Datacast XD in a consumer set-top-box has opened new doors for this product line in a rapidly growing market and hopefully this opportunity will be the first of many such consumer applications.”
Teerayuth Boonchote, Vice President of Ipstar, said that “Shin Satellite and our sister company Shin Broadband Internet are excited by the potential of this new service offering to our Ipstar customers which we will initially roll-out in Thailand. A success in Thailand means we’ll expand the service throught our Asian footprint.
IDC was chosen because they have demonstrated commitment and performance in terms of their proven Datacast XD content delivery technology which is easily integrated into set-top-boxes and because they have an excellent history of successful systems integration projects.”
DTH
GTPL Hathway posts FY26 revenue growth, Q4 slips into loss
Annual profit at Rs 5.88 crore; Q4 loss at Rs 5.90 crore
MUMBAI: A strong year met a shaky finish as GTPL Hathway closed FY26 on a high note only to stumble at the final hurdle. The company’s latest financials reveal a tale of two timelines: steady annual growth alongside a fourth-quarter dip that nudged it into the red. GTPL Hathway Limited reported total income of Rs 2,472.46 crore for the year ended March 31, 2026, marking a clear rise from Rs 2,223.00 crore in FY25. Revenue from operations stood at Rs 2,450.78 crore, up from Rs 2,193.38 crore a year ago, signalling consistent traction in its core cable TV and broadband business.
Yet, beneath the annual growth narrative, the March quarter told a different story. The company posted a net loss of Rs 5.90 crore in Q4 FY26, a sharp reversal from a profit of Rs 0.91 crore in the preceding quarter and Rs 8.15 crore in the same period last year. Total income for the quarter came in at Rs 618.46 crore, largely flat sequentially but higher than Rs 569.33 crore reported a year earlier.
The pressure was visible across the cost structure. Total expenses for the quarter rose to Rs 620.64 crore, marginally exceeding income and tipping the company into a loss before tax of Rs 7.87 crore. This compares with a profit before tax of Rs 1.22 crore in the December quarter and Rs 11.32 crore in Q4 FY25.
For the full year, however, profitability held firm. GTPL reported a net profit of Rs 5.88 crore in FY26, significantly lower than Rs 47.80 crore in FY25, but still in positive territory despite higher finance costs and operating expenses. Operating expenses alone climbed to Rs 1,884.53 crore for the year, up from Rs 1,603.53 crore, reflecting the increasing cost of running and scaling network infrastructure.
Finance costs also rose notably to Rs 33.57 crore in FY26 from Rs 22.19 crore in FY25, while depreciation and amortisation expenses stood at Rs 189.19 crore, underlining continued investments in assets and technology. Employee benefit expenses, however, declined to Rs 63.42 crore from Rs 77.08 crore, offering some relief on the cost front.
An exceptional item of Rs 5.69 crore during the year also weighed on profitability, compared with Rs 3.79 crore in the previous year. Meanwhile, tax adjustments, including deferred tax movements and prior-year adjustments, played a role in shaping the final earnings outcome.
Despite the quarterly wobble, the broader picture suggests a company still expanding its top line while grappling with margin pressures. With paid-up equity share capital unchanged at Rs 112.46 crore, the focus now shifts to whether GTPL can convert its revenue momentum into more stable, sustainable profitability in the coming quarters.
In short, FY26 may have delivered growth on paper but the closing chapter serves as a reminder that in business, as in broadband, consistency is everything.
