News Broadcasting
VSNL drops bandwith prices
MUMBAI: Videsh Sanchar Nigam Ltd. (VSNL) has significantly reduced prices for its international bandwidth products – international private leased circuits (IPLC) and internet leased lines (ILL).
IPLC prices in India will be reduced by up to 25 per cent with effect from 1 September. ILL tariffs will also fall by up to 40 per cent. These products are offered in India using VSNL’s global network that spans over 200,000 route km, connecting 200 countries.
Demand for international connectivity has been rapidly growing with several Indian companies including Tata Group investing overseas and India emerging as a favourite destination for foreign investors. International connectivity is also an important driver for the growth of the fast growing IT and business process outsourcing (BPO) sectors. The market for international and internet bandwidth is expected to expand as the reduced prices will encourage demand from new customer segments like SMEs, smaller ISPs and academic institutions.
VSNL also intends to build two new submarine cable systems, one between India and Europe and the other intra-Asia, in partnership with leading carriers in the respective regions. These multi-terabit capacity systems, incorporating state of the art technologies, would interconnect with VSNL’s existing global network that has over 20 terabits of capacity. The India-Europe cable would also provide connectivity to the Gulf region and the African continent, and supplement the Company’s existing bandwidth capacity in several consortium cables in the region. The intra-Asia cable between Singapore, Hong Kong and Japan would enhance the link between the Company’s Tata Indicom Cable (Chennai – Singapore) and TGN Pacific (Japan – USA). The overall build cost of these two cable systems is expected to be in the region of $600 million.
“VSNL has always taken the lead in growing the internet and international bandwidth market in India. We have invested over Rs 25 billion in expanding our global presence and connectivity in the last 2 years. We have regularly passed on the benefits of improved cost efficiencies and service quality to our customers,” says VSNL executive director N Srinath. “The new cables would enhance VSNL’s global network in two of the fastest growing regions in the world,” he adds.
IPLCs are point to point, international private circuits, mainly used by large Indian corporates and multinationals to connect to their regional and global locations. Internet Leased Lines are dedicated high speed connections to access the Internet, used by enterprises and small / medium ISPs.
VSNL acquired Tyco Global Network (TGN) last year to own undersea cable bandwidth. Early this year it also acquired Teleglobe to become a large international wholesale voice carrier with about 17 billion minutes of traffic annually.
News Broadcasting
Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
