Cable TV
MIB’s digital deadline dilemma: to relax or not
NEW DELHI: India’s ongoing cable digitalisation, plagued by court cases resulting in roll-out delays, may have just got entangled with the short to medium-term inconveniences caused by demonetisation of high-value currency notes signalling likely further delays.
The ministry of information and broadcasting (MIB), grappling with the issue of delays, was served with another likely roadblock when the the Telangana state government requested postponement of the digital deadline of 31 December, 2016, at a stakeholders’ meeting on 29 November 2016.
As per the government mandate, the sunset date for all analog television services in the country is 31 December, 2016, which would have signalled completion of Phase IV of the digital addressable system (DAS) rollout.
While grudgingly admitting that the government is seized of the inconveniences caused due to demonetisation, a government official told indiantelevision.com that in view of the prevailing situation in the country and a major portion of Phase IV areas (about 60 per cent) still to be seeded with digital STBs, the government is unable to take a decision whether to hold on to year-end deadline or relax it.
“The court cases filed by cable operators (relating to DAS Phase III and IV) have been a cause of a major delay and the situation arising out of demonetisation has further added to government’s dilemma,” a senior government official explained.
At the monthly DAS Task Force meeting of stakeholders at MIB, chaired by the ministry’s additional secretary, not only the representative of the state of Telangana voiced his concern on the digital deadline of 31 December, 2016 requesting postponement, but some MSOs and Indian STB manufacturers too expressed their apprehensions.
The Telangana state government’s proposal was opposed by a majority of those present in the meeting. Their concern: any official postponement of the sunset date of 2016 would send wrong signals, and may further derail the digital rollout. MIB is understood to be studying all the feedback before announcing its official position on the deadline.
Though, according to MIB, officially Phase IV of DAS is progressing as per schedule, a section of the cable industry estimates that approximately 10 million homes, part of DAS Phase III, are still to be seeded with STBs.
The court cases relating to DAS in Delhi High Court have had several adjournments on grounds of technicalities.
Information and broadcasting minister of state Rajyavardhan Singh Rathore admitted in the Parliament that DAS may get delayed. “As per Cable TV Rule, the cut-off date for complete digitisation is 31 December 2016. As such, all cable subscribers in the country should take STBs (set-top boxes) before this date to continue avail cable TV services. However, due to court cases the implementation may get delayed,” the Minister said in Lok Sabha or Lower House of Parliament earlier this week.
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Cable TV
Den Networks Q3 profit steady despite revenue pressure
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.








