You are here » Home » Companies » Company Overview » Hathway Cable & Datacom Ltd

Hathway Cable & Datacom Ltd.

BSE: 533162 Sector: Media
NSE: HATHWAY ISIN Code: INE982F01036
BSE 00:00 | 22 Jan 31.25 -0.55
(-1.73%)
OPEN

32.40

HIGH

32.40

LOW

31.05

NSE 00:00 | 22 Jan 31.20 -0.60
(-1.89%)
OPEN

31.90

HIGH

32.25

LOW

31.00

OPEN 32.40
PREVIOUS CLOSE 31.80
VOLUME 93310
52-Week high 57.45
52-Week low 10.70
P/E 51.23
Mkt Cap.(Rs cr) 5,532
Buy Price 31.10
Buy Qty 469.00
Sell Price 31.25
Sell Qty 100.00
OPEN 32.40
CLOSE 31.80
VOLUME 93310
52-Week high 57.45
52-Week low 10.70
P/E 51.23
Mkt Cap.(Rs cr) 5,532
Buy Price 31.10
Buy Qty 469.00
Sell Price 31.25
Sell Qty 100.00

Hathway Cable & Datacom Ltd. (HATHWAY) - Chairman Speech

Company chairman speech

Dear Valued Shareholders

During FY 2018-19 the Indian media and telecommunication industrycontinued to be shaped by a multitude of diverse factors. Major regulatory changesdisruptive technologies new market entrants market consolidation rapidly evolvingcustomer preferences and the continuing convergence of broadband and traditional Pay TVdistribution technologies powered the evolutionary changes across the industry landscape.

These industry trends and the resultant opportunities have been theguiding force for Hathway for building our strategic pillars of growth to furtheraccelerate business momentum.

In FY 2018-19 we accomplished a great deal not only in terms offinancials but also towards building momentum for the next three years at the back ofaccelerated customer acquisition revenue and financial growth. A plethora of excitingdevelopments marked the year - from the expansion of FTTH services to more and more homesand launch of India's first Cable Hybrid android set-top box in partnership with Netfliximplementation of New Tariff Order in Pay TV industry and deleveraging of the balancesheet through strategic investment by Reliance Industries Limited. We at Hathway believethis is our Moment of Momentum. We are stronger than ever to take full advantage of thedigital disruption that engulfs us. We have renewed our collective ability to create a newnormal in Pay TV distribution and Fibre-to-Home broadband space in India.

Our transformation plans for value creation for our shareholders arebased on the three key strategic pillars of Exploding Home Broadband ConsumptionTransforming Cable Television from B2B to B2C and Enhancing Customer Service Experiencethrough digital intervention.

The Telecom Regulatory Authority of India's (TRAI) New Tariff Order(NTO) has given us the opportunity to radically change customer service levels in CableTelevision distribution. With customers deciding the content they want to buy and consumefocus has now shifted from wholesale content negotiations with broadcasters tounderstanding and leveraging customer insights to promote content.

Delivering market leading customer experiences through usage of variousdigital tools is the new enabler for revenue and EBIDTA growth in Cable Televisionindustry. We believe Hathway has taken the lead in this digital transformation and alreadystarted leveraging the same for industry leading revenue and EBIDTA growth. Our twin focuson taking FTTH to more and more homes and concurrently launching India's first cablehybrid box is helping us converge linear TV-viewing with OTT usage as customers canaccess both services from a single smart box. This is also creating new levels of HomeBroadband Consumption and helping us create a class of customers for whom Home Broadbandis a must-have utility like water and electricity.

You will see us further increasing pace on this momentum in FY 2019-20.This momentum on our strategic pillars will power a different level of explosion in valuecreation for our shareholders.

On behalf of all of us at Hathway thank you for your combined trustand support.

Thank You

Rajan Gupta

Managing Director

.