wordpress blog stats
Connect with us

Hi, what are you looking for?

Hathway added 50k broadband subscribers in Q4FY18

Internet and cable TV provider Hathway Cable’s broadband subscribers stood at around 0.8 million for the quarter ended March 31, 2018 (Q4FY18), an increase of 6.67% from around 750,000 broadband subscribers in Q3FY18. The company added around 50,000 new subscribers in the quarter.

The number of homes passed stood at 5.2 million for the quarter, an increase of 4% from 5 million in the preceding quarter. The number of homes passed is the potential number of premises to which an operator has the capability to connect in a service area, but the premises may or may not be connected to the network. Hathway claims 52% of the total MSO cable broadband market.

Data consumption per subscriber stood at 103 GB for the month of March 2018, up from 100 GB in December 2017 and 98 GB in October 2017. The company said that 54% of its consumers have monthly data limits of 1,000 GB, and average speed in the quarter stood at 60 Mbps.

The Numbers

  • Total subscribers: 800,000
  • Added subscribers: 50,000
  • Average data consumption: 103 GB
  • Average speeds: 60 Mbps (it offers speeds of up to 200 Mbps)
  • Homes passed: 5.2 million


For the year, Hathway reported 10% growth in broadband revenue to Rs 544.5 crores, 33% growth in broadband subscribers to 0.8 million.

Hathway’s broadband segment reported revenues of Rs 145.7 crore during the quarter, an increase of 14% from Rs 127.8 crore in the same quarter last year, and up 5.04% from Rs 138.7 crore in the previous quarter. However, the average revenue per user (ARPU) for the company declined 4% year-on-year (YoY) from Rs 740 to Rs 710. Note that ARPU figures exclude taxes.

EBITDA during the quarter stood at Rs 63.9 crore, a QoQ increase of 6% from Rs 60.1 crore. EBITDA margin stood at 44%. Net profit for the broadband segment stood at Rs 12.6 crore, a QoQ decline of 47.28% from Rs 23.9 crore.

Download: Financials and presentation

You May Also Like


Kotak Mahindra Bank reported a net profit of ₹1,853.5 crore for the third quarter of the current financial, up by 16% year-on-year from ₹1,944...


Yes Bank Ltd posted a net profit of ₹151 crore during the third quarter of the current financial year compared to a net loss...


Key takeaways Network18’s digital news revenue increased by 50% YoY for the second consecutive quarter Consolidated Net Profits grew 125% YoY Network18 Digital saw...


Netflix’s two day StreamFest in December 2020—where users in India could practically watch Netflix’s entire catalogue for free—brought millions of users to the service,...

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

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ