Multi-System Operator DEN Networks had 205,000 broadband subscribers for the quarter ended September 2017 (Q2 FY18), which is up 46.24% from 140,000 subscribers in the same quarter last year. During the quarter, the operator added close to 12,000 new broadband subscribers, lower than the 16,000 subscribers it added in the last quarter. DEN’s subscriber data usage has been growing while ARPU has been falling. For the quarter ended September 2017, average consumption per household stood at 78GB, up 53% from an average consumption of 51GB a year ago. On a QoQ basis, average consumption grew marginally by 4% from 75GB. On the other hand, broadband ARPU fell by 14.3% YoY to Rs 664 in Q2 FY18. The company made revenues of Rs 20 crore for the quarter from its broadband segment, which is down 4.76% YoY from Rs 21 crore in Q2 FY17. In the previous quarter, it made Rs 21 crore from broadband. The broadband segment suffered a loss of Rs 9 crore during the quarter, which increased from 8 crore loss a year ago. The ISP shows negative EBITDA with Rs 1 crore for Q2FY18 after positive EBITDA for three previous quarters. EBITDA for Q2FY17 stood in negative with Rs 2 crore. The company said in its statement that the EBITDA is impacted due to its broadband service roll out in small towns in the country. Broadband strategy DEN currently provides its cable services in over 400 towns across 13 states. As its broadband strategy to expand in small…
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