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Zee to buy out broadband services provider Pacenet

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MUMBAI: Zee Telefilms Ltd (ZTL) is buying out broadband services provider Broadband Pacenet, which is promoted by Jagjit Singh Kohli, Yogesh Shah and Yogesh Radhakrishnan.

Kohli, who is the CEO of Siti cable, is an immediate beneficiary of the proposed demerger of India’s largest multi systems operator (in terms of size) and the cable related business of Zee Telefilms Ltd. He is being given a 2 per cent stake in the new company, Wire and Wireless (India) Ltd, which he will be heading.

A detailed business plan is being prepared for Wire and Wireless which will venture into triple play services as well, Zee Telefilms chairman Subhash Chandra said, while addressing analysts here today.

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Pacenet will be merged with Wire and Wireless and Kohli’s partners will also be given shares in the new entity. “We have agreed to buy out Pacenet. The valuation is under progress. The existing shareholders of Pacenet will be given shares in Wire and Wireless,” Chandra said.

Broadband Pacenet offers broadband services using the cable network infrastructure of its franchisees and claims to be servicing over 25,000 home subscribers apart from many corporates.

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GECs

Asianet Television Awards 2026 celebrates women power in Malayalam TV

“She is the Colour” theme honours icons as ceremony airs on March 14 and 15 at 7 PM.

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MUMBAI: If television lights up living rooms, this year Asianet decided to let women provide the colour. The Asianet Television Awards 2026 turned the spotlight firmly on women empowerment with the theme “She is the Colour”, celebrating the strength, resilience and achievements of women who continue to shape society and the Malayalam entertainment industry.

The ceremony honoured several distinguished personalities whose journeys have left a lasting cultural imprint. Among them was legendary playback singer Vimala Varma, widely recognised as the first Malayalam playback singer. The evening also paid tribute to Padma Shri awardees Devaki Amma and Vimala Menon for their exceptional contributions in their respective fields.

Leading women from the Malayalam film industry were also recognised during the event, including actor Shweta Menon, who currently serves as president of the Association of Malayalam Movie Artists, and National Award winning actor Surabhi Lakshmi.

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The awards ceremony brought together a glittering lineup of actors and industry figures, including Jayasurya, Vijay Babu, Asha Sarath, Lena, Esther Anil, Anumol, Akhila Bhargavan, Sarayu Mohan, Prajod Kalabhavan, Gayathri Suresh, Sabumon Abdusamad, Swasika, Tini Tom, Sijoy Varghese, Kailash, Veena Nandakumar, Sabareesh Varma, Ansiba Hassan and Dinesh Prabhakar. Kishan Kumar, executive vice president Malayalam at JioStar, was also present at the event.

Beyond individual recognitions, the awards celebrated excellence across Malayalam television, acknowledging artists and technicians whose work continues to drive the industry forward.

The evening also offered plenty of spectacle, with elaborate dance performances, stunt acts and comedy skits performed by popular television and film personalities, turning the ceremony into a full fledged entertainment showcase.

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Viewers will get to watch the celebrations when the Asianet Television Awards 2026 air on Asianet on March 14 and 15, Saturday and Sunday, from 7 pm onwards, bringing the star studded tribute to homes across Kerala and beyond.

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