Regional multi-system operator (MSO) GTPL, in which Hathway Cable & Datacom owns 50 per cent stake, is planning to invest Rs 450 crore (Rs 4.5 billion) as it seeks to deploy three million set-top boxes (STBs) across cities falling under the last two phases of digital addressable system (DAS). GTPL has already expanded into several geographies outside its home state Gujarat. It has presence in West Bengal, Maharashtra, Madhya Pradesh, Bihar and Jharkhand, Andhra Pradesh and Assam. “We have presence in several towns falling under Phases III and IV. Our estimate is that we would require three million STBs and a capex of Rs 450 crore,” GTPL COO Shaji Mathews told TelevisionPost.com. GTPL gets 70 per cent of its funding as credit from suppliers. These include vendor financing from Cisco.
Read more at: http://www.televisionpost.com/cable/gtpl-plans-to-invest-rs-4-5-bn-in-phases-iii-and-iv-of-das/ | TelevisionPost.com
Read more at: http://www.televisionpost.com/cable/gtpl-plans-to-invest-rs-4-5-bn-in-phases-iii-and-iv-of-das/ | TelevisionPost.com
