In the quarter running through the deadline for implementation of digital addressable system (DAS) in Phase III, Ortel Communications has reported strong activation revenue due to higher set-top box (STB) seeding while its operating profit grew by 8.4 per cent on a quarter-on-quarter (QoQ) basis. Carriage revenue in the fiscal third quarter stayed almost flat from the preceding quarter. In the year-ago period, carriage income grew by 48 per cent. Programming cost decreased 3.3 per cent on a QoQ basis to Rs 9.1 crore (Rs 91 million). In the year-ago period, it was 9.7 per cent lower at Rs 8.3 crore (Rs 83 million). Bandwidth cost, on the other hand, appreciated 9.1 per cent to Rs 2.1 crore (Rs 21 million) from Rs 1.9 crore (Rs 19 million).
Read more at: http://www.televisionpost.com/cable/ortels-q3-activation-rev-up-ebitda-at-rs-19-cr/ | TelevisionPost.com
Read more at: http://www.televisionpost.com/cable/ortels-q3-activation-rev-up-ebitda-at-rs-19-cr/ | TelevisionPost.com
