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Mumbai-based companies claim to launch India’s first indigenous STBs

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MUMBAI: Even as several multi system operators have announced tie ups with global conditional access companies and vendors for imports, a few Indian set top manufacturing companies have announced plans to launch their products and capitalise on the huge opportunity to go global.
 

Broadband Pacenet India has announced that its set-top boxes are highly sophisticated indigenous “home genies” that include features such as a peoplemeter and ethernet output (to enable Internet surfing).

Another Mumbai-based company Telenext Convergence has also announced the launch of an indigenous set top box (STB) in joint collaboration with the Indian Institute of Technology (IIT).
 

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Six persons from the Kanwal Rekhi School of Information Technology at IIT and a team of 26 engineers from Bangalore based VLSI (Very Large Scale Integration) have worked for over two years to produce this indigenous set-top box for Telenext. The STB will be priced at Rs 3,500 and the organisation is in talks with MSOs and cable operators, as consumers cannot directly buy it, as the encrypted smart card of their cable operators may not match this.

Broadband Pacenet India CEO S Ravindran says that their advanced STBs (rather ‘home genies’) will be economically priced around the same level of Rs 3,500. ETC Networks JS Kohli says that he expects penetration to touch 50-60 per cent levels if the current “pay channels” remain “pay”.

Experts say the primary issue will relate to the smart-card user identification elements such as the public and private keys. “Pacenet’s STBs have RSA data security for enhanced security. The 128-bit configuration will take 50 years to crack whereas the 1024-bit configuration is almost impossible to crack. Pacenet home genies have the latter,” says Ravindran.

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Ravindran goes on to add: “Our ‘home genies’ will have elements such as RSA 1024-bit; DES (Digital Encryption System) and AES (advanced encryption systems); with peoplemeter facilities. We have plans to get these STBs certified by companies such as Business Proton and Tata Consultancy Services and then sell them in the global markets.”

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Prasar Bharati’s WAVES earns Rs 2.9 crore in first year

Platform scales content, users but monetisation gaps limit revenue growth.

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MUMBAI: Big waves, small ripples at least for now. When Prasar Bharati launched its OTT platform WAVES at the 55th International Film Festival of India in November 2024, it pitched a bold vision: a homegrown rival to global and domestic streaming giants, blending video, audio, gaming and commerce into a single digital ecosystem. Five months into FY2024–25, however, the platform’s revenue stands at just Rs 2.90 crore, a figure that underscores the gap between ambition and monetisation.

On paper, WAVES looks anything but modest. The platform has ingested 13,608 titles, totalling 9,495 hours of content, with over 13,000 titles already live. It has streamed more than 575 live events from the Mahakumbh Amrit Snan and the 76th Republic Day parade to the Hockey India League, Kabaddi World Cup and Mann Ki Baat while offering 74 live TV channels and 12 radio channels. With over 10 lakh registered users and more than 200 content partners onboarded, the scale resembles that of a fully operational streaming service rather than a pilot project.

The architecture supporting this scale is equally robust. Built under Prasar Bharati’s Central Archives vertical, WAVES runs on a cloud-based infrastructure with DRM, encryption and an integrated analytics dashboard. It includes dedicated units for content ingestion, quality control, publishing, graphics, marketing and billing, and is distributed across platforms such as OTTplay, Tata Play and BSNL. The offering extends beyond video to include audio-on-demand, e-games and even e-commerce via ONDC integration.

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Yet, the numbers reveal a core disconnect. Despite its scale, WAVES generated just Rs 2.90 crore in a market where India’s OTT industry crossed Rs 23,000 crore in 2024. A key bottleneck lies in monetisation infrastructure: subscriptions cannot currently be purchased within the app and must be completed via an external website. In a mobile-first country where over 95 per cent of OTT consumption happens on smartphones, this extra step creates friction that most users are unlikely to overcome.

Ironically, content is not the problem, it is the platform’s biggest strength. Prasar Bharati holds one of the world’s richest broadcast archives, including 45,154 hours of digitised Akashvani programming and 35,723 hours from Doordarshan. For WAVES alone, over 3,800 hours of archival content have been made OTT-ready, including classics such as Ramayan and Shaktimaan, alongside rare cultural recordings and historical broadcasts.

There are early signs that this library holds commercial potential. Revenue from archival content licensing rose sharply to Rs 3.38 crore in FY24, up from Rs 67 lakh the previous year. Meanwhile, free digital platforms continue to drive massive reach, the PB Archives Youtube channel clocked 119.78 million views and added 4,02,000 subscribers in FY2024–25, crossing 1.7 million in total, while DD News has over 5.84 million subscribers.

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That, however, presents a strategic dilemma. While free distribution builds scale, it also conditions audiences to expect content at zero cost making it harder to transition to paid models. WAVES, designed as a hybrid AVOD-SVOD platform with advertising and subscription layers, is yet to fully crack this balance.

The broader challenge is not technological but strategic. In an ecosystem dominated by platforms offering seamless payments, aggressive pricing and high-budget originals, WAVES is still bridging the gap between being a content repository and a commercially viable product.

For now, the platform reflects both promise and paradox. It has the scale, the content and the infrastructure but until monetisation catches up, WAVES remains less a revenue engine and more a digital showcase of what India’s public broadcaster could become.

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