IndianMascot
Core Member
Hathway Cable & Datacom, India's leading multi-system operator (MSO), has said that on account of digitisation it is in the process of finalising fresh terms with local cable operators (LCOs) in Mumbai and Delhi, the only cities in first phase where it has a direct presence. In Kolkata, Hathway has a presence through JV partner GTPL KCBPL.
Pending such finalisations, the management has on estimated basis recognised activation fees and subscription income in these two cities, which is based on on-going discussion with LCOs, market trend and considering the collection made till date.
The management has reasonable certainty of collecting the amount recognised as income, Hathway said.
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Pending such finalisations, the management has on estimated basis recognised activation fees and subscription income in these two cities, which is based on on-going discussion with LCOs, market trend and considering the collection made till date.
The management has reasonable certainty of collecting the amount recognised as income, Hathway said.
Wish to Read Further, ---->