Cable TV
Sangram Committee to support Patna LMOs
KOLKATA: Kolkata-based Cable Operators Sangram Committee – has extended its helping hand to last mile owners (LMOs) in Patna. The city boasts of approximately 2.5 – 3 lakh digitised cable TV homes in the DAS II area. However, the LMOs are a ‘unhappy lot’ as they neither get proper bills and receipts nor full payment from customers.
Going forward Sangram Committee, which currently is active in Kolkata, aims to spread its operation in the eastern region including Assam, Tripura and Jharkhand and plans to address the grievances of all the LMOs in the eastern region to the authorities jointly.
More than 450 LMOs in Patna met with the Sangram Committee affiliated LMOs and discussed the ground problems faced by the LMOs while operating in their respective zones.
Speaking to Indiantelevision.com, Cable Operators Sangram Committee general secretary Apurba Bhattacharya said, “We will place our demand to all the MSOs operating in Patna and request them to operate as per the Telecom Regulatory Authority of India (TRAI) guidelines. LMOs are neither getting the bills nor the receipts.”
It should be noted that Patna has around eight lakh cable TV homes, of which 2.5-3 lakh that fall under DAS II area are all digitised. While another five lakh homes are expected to be digitised in the later phases.
Multi-system operators like Siti Cable, GTPL, Patna-based Darsh and DEN Networks mostly operate here.
“Since customers are not getting the bills, they are not ready to do full payment. Apart from this we are also not getting any receipt from the MSO,” said Kumar Nilesh, a LMO affiliated to GTPL.
While Rakesh Kumar Singh, a LMO affiliated to Siti Cable said, “Most cable operators have not yet signed revenue-sharing agreements with their MSOs.”
Another LMO when asked about the popular package, said that people mostly go for packages below Rs 300 here.
Explaining further, an LMO said that if a customer has chosen a package of Rs 240, he will have to pay Rs 240+Rs 15 (amusement tax) plus an additional 12.36 per cent service tax. “But some customers are just paying Rs 240, so do we pay their service tax and amusement tax?” he questioned.
“Customers were expecting to get bills and now when they don’t get their bills, they are upset. Some are not willing to pay the monthly rental also,” he further added.
On other hand, MSOs have a different picture to present.
Darsh Digital Network director Sushil Kumar said that the MSOs can see that even after collecting payment from the consumers, LMOs are not paying the respective MSOs. “If there is a backlog of three to four months in payment, how can we survive?” Kumar avers.
“Television has become an inseparable part of our lives. So not only MSOs and LMOs but consumers too have to think in a mature way and all other stakeholders should act as per the norms, for the smooth rollout of DAS,” concluded an expert.
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.
