Cable TV
Kolkata LMOs to set up another cooperative post 2014 FIFA WC
KOLKATA: The last mile owners (LMOs) in Kolkata are yet again gearing for owning their subscribers. While earlier a group comprising 100 LMOs had announced their plan of setting up their own cooperative, news now is that another set of ‘unhappy LMOs’ in Kolkata has united to set up their own control room and headend.
According to cable TV sources operating in the region, LMOs will declare their plans only after the end of the ongoing 2014 FIFA World Cup. The delay is to ensure that the 33 lakh cable TV subscribers in the area do not see any disruption in their cable TV services, especially during the football World Cup.
The trend of more and more LMOs joining hands to set up their own cooperative has come from the rising concern over MSOs becoming the owners of the subscribers, which according to the LMOs have been owned by them for years. Sources hint that the industry will soon see some major announcements.
Indiantelevision.com was the first to report on how around 100 LMOs in the region had united a few months ago to form a cooperative called ‘Bengal Broadband’. The aim of this was to provide independent cable TV services to customers like any other multi-system operator (MSO), namely SitiCable, Manthan and Incable among others.
‘Bengal Broadband’ aims to start operation in the current fiscal 2014-15 and has already invested around Rs 4.8 crore in setting up the headend equipment and office infrastructure at Salt Lake College More in the city. The cooperative is looking at a subscriber base of one million in the first year of its operations. Not only this, it also aims at providing cable TV connections at a cost which is 15-20 per cent lower than the other MSOs.
While Cable & Broadband Operators Welfare Association convener Swapan Chowdhury refused to comment on any such development, Cable Operators Sangram Committee general secretary Apurba Bhattacharya confirmed the news of LMOs in Kolkata venturing into forming a cooperative. “The operators are happy to get into this space. We will run the business ourselves.”
A LMO, who is a part of the new venture said, “We are setting up our own control room and it will involve a cost of around Rs 1 crore. We will be able to offer services to customers at a cheaper rate. It will be an operators’ driven MSO.”
“During the analogue regime, the revenue share between the MSO and LMO used to be 20:80 but after DAS, it has come down to 65:35. The business model is not at all lucrative. If this continues, we will die and not be able to arrange our daily bread and butter,” added another LMO who is a member of the group that is setting up the control room.
Small operators will become a part of a larger LMO network, said another, without divulging much details.
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.
