Subhash Chandra-promoted Wire and Wireless (India) Limited (WWIL) has narrowed its fiscal-first quarter net loss due to a 10 per cent jump in carriage income and deployment of digital set-top boxes (STBs).
The multi-system operator (MSO) has mopped up revenue of Rs 240 million from sale of STBs in the quarter ended June 2012.
"We have deployed close to one million STBs so far. Our estimated target in the three metros of Delhi, Mumbai and Kolkata, which fall under the first phase of digitisation, is 2.5 million STBs. This quarter has been good for us and we have got Rs 230-240 million from activation charges (of STBs)," says WWIL COO Anil Malhotra.
Read More : Indiantelevision.com's > Digital Edge> WWIL narrows Q1 net loss to Rs 47.7 mn on back of carriage, STBs
The multi-system operator (MSO) has mopped up revenue of Rs 240 million from sale of STBs in the quarter ended June 2012.
"We have deployed close to one million STBs so far. Our estimated target in the three metros of Delhi, Mumbai and Kolkata, which fall under the first phase of digitisation, is 2.5 million STBs. This quarter has been good for us and we have got Rs 230-240 million from activation charges (of STBs)," says WWIL COO Anil Malhotra.
Read More : Indiantelevision.com's > Digital Edge> WWIL narrows Q1 net loss to Rs 47.7 mn on back of carriage, STBs