The National Company Law Tribunal has admitted a petition filed by Sony Pictures Networks India Ltd against cable and broadband operator Ortel Communications. The petition, under Section 9 of the Insolvency and Bankruptcy Code of India, was for initiating insolvency proceedings against the cash-strapped cable and broadband operator. The NCLT also appointed an interim resolution […]
Ortel Communications (Ortel), the Orissa-based cable and broadband services provider, reported a loss of Rs 6.6 cr for the third quarter as its broadband business was hit by 4G providers and cable business was under competitive pressure from DTH services. The loss of 6.6 cr compared with a loss of Rs 1.5 cr last year, […]
Ortel Communications, which provides broadband services in Odisha, Chhattisgarh, Andhra Pradesh, Telengana, West Bengal and Madhya Pradesh, has announced new plans in line with the cheapest 4G plans offered by rivals like Reliance Jio. It has also cut prices for its high-volume plans. The Rs.99 plan will give 500 MB data per day @ 2Mbps, […]
With the prospect of the entry of Reliance Jio into the cable and broadband market, Ortel Communications — the largest cable network in Orissa and an emerging player in neighboring states, has slashed its broadband rates. The company has removed all its sub-1 Mbps plans and replaced them with plans having speeds of 1 Mbps […]
Ortel Communications Ltd, a leading last-mile communications provider in India’s eastern states, has introduced free Wi-Fi Public Hotspot services for its Broadband subscribers in Bhubaneshwar. The Wi-Fi Hot Spot service has been launched as a special value added service and will be completely free of charge for those using its fiber and cable broadband services. […]
