Siti Cable Network, which is on an aggressive growth path, pays around Rs 2,500 per subscriber to acquire a digital network. For an analogue acquisition, the price is as low as Rs 500 per subscriber. The multi-system operator (MSO) recently acquired 76% stake in Mumbai-based Scod18 Networking and 51% of Vadodara-based Sai Star Digital Media to take its total subscriber base to an estimated 12 million, up from 10.7 million. These two acquisitions are strategic in nature as they allow Siti Cable to expand in the Mumbai and Gujarat markets, keeping in view the broadband opportunity as well.
Read more at: http://www.televisionpost.com/cable/siti-cables-digital-acquisition-at-around-rs-2500-per-subscriber/ | TelevisionPost.com
Read more at: http://www.televisionpost.com/cable/siti-cables-digital-acquisition-at-around-rs-2500-per-subscriber/ | TelevisionPost.com
