wordpress blog stats
Connect with us

Hi, what are you looking for?

Hathway Q1FY18: Average data consumption at 78GB per subscription

Internet service and cable TV provider Hathway Cable added 100,000 broadband subscribers during the quarter ended June 2017 (Q1 FY18), taking the total broadband subscriber base to 700,000 users. This is a slower growth compared to 200,000 user additions in the previous quarter. On a Year-on-Year (YoY) basis, broadband subscriber base has grown by 75% from 0.4 million in Q4 FY17, but this is on a very small base. The Numbers Total subscribers: 700,000 Added subscribers: 100,000 Average data consumption: 78GB Average speeds: 40 Mbps (it offers speeds of up to 200 Mbps) Broadband ARPU: down to Rs 730 from Rs 740 last quarter, Rs 724 in Q1FY17 (last year). Financials Revenue from broadband services stood at Rs 129 crore during the quarter, which is up marginally from Rs 127.6 crore in the previous quarter. On a YoY basis, broadband revenues were up 23.3% from Rs 104.6 crore. The ISP made Rs 27.2 crore in profits (after tax) during the quarter from its broadband business. Overall revenue from operations: Hathway reported Rs 365.6 crore in gross revenue during Q1FY18, up 20% YoY from Rs 304.5 crore in revenues a year ago. EBITDA margin: For the quarter ended June 2017 (Q1 FY18) Hathway's EBITDA was at Rs 76.5 crore, up by 97% YoY from Rs 38.9 crore.

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ