Den Networks, a prominent Indian cable feed provider that is now part of the Reliance Industries group, today reported a set of disappointing financial performance numbers, capping a year of pain and degrowth. The company’s subscription revenue, which is overwhelmingly composed of the monthly subscription fees paid by cable TV subscribers, fell to 190 cr […]
Reliance Jio, India’s largest telecom and cable company, has placed an order of around 5 lakh advanced set-top-boxes with Dixon Technologies, including those for deployment on Hathway and Den’s cable networks. Unlike the IPTV-enabled set-top-boxes being rolled out as part of the Jio Fiber network, many of these STBs sourced from Dixon are not meant […]
Den Networks, one of India’s top cable feed providers, reported better profit margins for the three months ended September after it was able to keep a lid on payments made to broadcasters like Star, Zee and Sony. The company has been seeing a lot of volatility and uncertainty over its margins and financial performance after […]
Media regulator TRAI has shot off letters to most of the top cable TV feed providers in India, asking them to allow users to change their packs, and ensure that their business partners provide itemized billing to customers and pay tax to the government. It, however, remains to be seen how cable feed providers are […]
Jio GigaFiber, the wired service from Reliance Jio, moved closer to its mega roll-out plan after it received a crucial approval from the Competition Commission for the company’s purchase of Den Networks and Hathway Cable & Datacom. The approval by the Competition Commission was seen as the main, if not the only, crucial regulatory approval […]
All cable and DTH players, including Dish TV, D2h, Tata Sky, Hathway, Den Networks, Airtel Digital and Sun Direct, have been directed to reveal their new TV channel packs and prices by end of day today. In an update posted on TRAI’s website on Friday, the regulator reminded cable and DTH companies that they must […]
Reliance Industries made a strong pitch to the thousands of local cable operators associated with cable feed providers Den Networks and Hathway Cable and Datacom as it announced its purchase of the two companies. Reliance will spend Rs 2,290 cr for a 66% stake in Den Networks, and Rs 2,940 cr for a 51.3% stake […]
CNBC TV18, controlled by Reliance Industries, reported that the diversified company is likely to announce its acquisition of two of India’s top cable companies, Den Networks and Hathway Cable and Datacom, tomorrow. The TV channel, controlled by Reliance via a trust, said the acquisition is likely to be announced along with RIL’s second-quarter results on […]
Zee Entertainment Enterprises Ltd, the flagship company of the Zee Group, confirmed that it has filed a complaint against Den Networks. It said the complaint referred to violations of the provisions of the Cable Television Networks Regulation Act, various Digital Addressable System rules and the Copyright Act. “Such action by the company is in the […]
A day after Reliance Industries said it would not comment on media speculation about acquisition talks with Den Networks, the cable company has issued a largely identically worded statement. However, the statement seemed to indicate the possibility of a tie-up or agreement rather than an outright sale of the company. “The company, as a running […]
Reliance Industries refused to deny or confirm media reports about its telecom unit Jio being in talks to acquire cable operator Den Networks. Shares of Den Networks, one of India’s largest cable networks, are up 6.2%, having opened higher on the news. “We are unable to comment on media speculation and rumors and it would […]
Den Networks said it sold its home shopping channel to Pimex Broadcast Private Limited based in Noida. Den entered the business under a joint venture with Jasper Infotech, the holding company of e-commerce firm Snapdeal.com, two years ago. “The name of DEN and Snap deal will be dropped off from the branding,” said the cable […]
Den Networks, one of India’s top three cable companies, is planning to introduce4K services and ‘open’ set-top-boxes with gaming support this year, CEO S N Sharma said. “We definitely are aware that 4K is also around the corner and the box development is already in progress may be in next three to four months’ time,” […]
Wipro Ltd, India’s fourth largest IT exporter, will help DEN Networks, one of India’s top four cable operators, offer a variety of IT-enabled customer solutions. The tie-up comes in the wake of increasing digitization in which big cable feed providers like DEN are coming into direct contact with customers for billing, channel provisioning and customer […]
