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Hathway Cable eyes Rs 10 bn revenue in FY’11
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Quote:Hathway Cable & Datacom is gearing up to take its consolidated revenues to Rs 10 billion this fiscal as it steps up its digitisation, broadband and last mile acquisition drive.

India’s leading multi-system operator expects to lift its Ebitda from Rs 1.38 billion to Rs 3 billion in FY’11, hoping to benefit from an improved business model.


“We are looking at a turnover of Rs 10 billion and an Ebitda of Rs 2.75-3 billion this fiscal,” says Hathway Cable & Datacom managing director and chief executive officer K Jayaraman.

Hathway had posted a revenue of Rs 7.35 billion for the fiscal ended 31 March 2010.

The company hopes to seed one million digital set-top boxes during the current fiscal. The MSO will start charging an extra amount of Rs 15 as monthly subscription fee in markets where it can, augmenting its revenues from digitisation.

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