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Ortel broadband revenue down 49.3% YoY, subscriber base down 17.6%

Multi system operator Ortel Communications said it had 65,262 broadband subscribers on its network during the quarter ended June, 2017 (Q1 FY18), down from 70,273 the previous quarter, and 73,087 at the end of the last financial year. The subscriber base is down 17.6% from 79,182 for the same quarter last year. Ortel’s Cable TV base however, increased to 766,480 subscribers from 747,528 last quarter. Note that broadband users accounted for 8% of Ortel's total total (broadband+cable TV) subscribers. This number was at 9.7% at the end of the financial year. Broadband contributes to 12% of Ortel's revenues. The company holds a Multi System Operator License and operates both broadband and cable TV service in states like Odisha, West Bengal, Andhra Pradesh, Telangana, Chhattisgarh and Madhya Pradesh. It claims to have a presence in 78 towns within these states, and…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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

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