Cable TV
WWIL to pump in Rs 3 billion over 2 years in STBs
MUMBAI: Wire & Wireless India Ltd. (WWIL), the demerged cable outfit of Zee Group, is planning to invest Rs 3.28 billion on set-top boxes (STBs) over a period of two years to spread its presence in digital cable.
This will comprise 46 per cent of its overall funding requirement of Rs 7.14 billion. The next big expenditure will be towards hardware. The multi-system operator (MSO) has earmarked Rs 2.21 billion for investments in hardware during the two-year period.
“We have planned such investments for two years. We are bullish about digitalisation,” says WWIL CEO Jagjit Singh Kohli.
Another area where WWIL will be pumping in big money is customer acquisition. The company plans to put in Rs 1.14 billion towards this. “We are aggressive on customer acquisition. We have ramped up 250,000 subscribers in recent months through aggressive acquisitions,” says Kohli.
WWIL has made MSO acquisitions in Lucknow, Shimla, Agra, Nagpur, Pune Jalgaon and Indore. It is under negotiations with 15 MSOs in places like Meerut, Allahabad, Jaipur, Noida and Kohlapur.
The company is planning to launch a headend-in-the-sky (HITS) platform and has booked transponders on Thaicom satellite. It has already lined up a debt of Rs 2.15 billion and plans to make an initial investment of Rs 5 billion.
WWIL recently set up a digital headend at Worli in Mumbai. “We already have nine digital headends,” says Kohli.
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.
