Multi-system operator (MSO) Hathway Cable & Datacom has agreed before the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) to pay MSM Media Distribution (MSMMD) the subscription dues amounting to Rs 14.56 crore (Rs 145.6 million) till 31 October 2015, the date the agreement between the two expires. “The respondent (Hathway) has assured the petitioners (MSMMD) that it will follow the terms and conditions of the MOU till 31.10.2015, the date of expiry of the MOU. This satisfies the cause of action for the petition,” TDSAT said in its order. Earlier, MSMMD had filed two separate recovery petitions in the TDSAT. While one was for Phase I cities, the other was for Phase II and analogue cable TV markets. MSMMD, which distributes channels like Sony Entertainment Television, SAB TV, Max, Max 2, Pix, AXN, Six and Kix, has a running deal with Hathway in Phase I cities till 31 October 2015. The deal between MSMMD and Hathway for the rest of the country expired on 31 March 2015.
Read more at: http://www.televisionpost.com/cable/tdsat-hathway-agrees-to-pay-fee-of-rs-14-6-crore-to-msm-media-distribution/ | TelevisionPost.com
Read more at: http://www.televisionpost.com/cable/tdsat-hathway-agrees-to-pay-fee-of-rs-14-6-crore-to-msm-media-distribution/ | TelevisionPost.com
