Hathway deploys 0.4 million Phase III and IV STBs in 4Q 2016

MUMBAI — According to its results for Q3 FY17 (ended December 31, 2016), Hathway Cable & Datacom Limited (BSE:533162 NSE:HATHWAY) deployed 0.4 million set-top boxes in Phase III and IV areas during the period. This brings its total STB deployments to 12.2 million, including those of subsidiaries, JVs and associates.

CATV – Highlights For The Quarter Ended Q3 FY17

• For the quarter 0.4 Mn STBs deployed at consolidated level (0.2 Mn STBs at Standalone) total DAS III subscribers base reaches 6.0 Mn.
• CATV subscription revenue for Standalone stood at Rs. 114.1 Cr (YoY + 17%, QoQ +3%)
• Standalone ARPU (Excluding taxes) for Phase I, II & III stands at Rs. 105, Rs 95 (QoQ +6%) and Rs.45 (QoQ +50%) respectively.
• Hathway Connect implementation for DAS I & II markets at 60% (Standalone). Rollout commenced in DAS III markets – Expect to complete migration in Q4.
• Value Added Services to be launched on 9th Feb with 17 services across various genres – Movie, Comedy, Educational, Devotional, Music. Self service app available for customers to activate services instantly. An industry first initiative.
• Mr. T. S. Panesar appointed President of All India Digital Cable Federation (AIDCF). To play an active role in furthering the interest of the industry at a crucial juncture when the new regulation is set to come into force.
• A rate card for carriage and placement implemented so as to ensure transparency in the negotiations with broadcasters.

Cable TV Universe And Boxes Seeded (Millions)

                 Q3FY16  Q4FY16  Q1FY17  Q2FY17  Q3FY17
                 ------  ------  ------  ------  ------
Universe           12.0    12.3    12.3    12.9    13.3
Boxes Seeded        9.6    10.6    11.0    11.8    12.2
 Phase I            2.4     2.4     2.3     2.3     2.3
 Phase II           4.1     4.1     4.0     4.0     4.0
 Phase III & IV     3.1     4.1     4.7     5.6     6.0
% penetration       80%     87%     90%     92%     92%