Technology - Indian Broadcasting World

Vi narrows Q3 loss to Rs.6,609cr, reports 4% revenue growth

Debt-laden telecom operator Vodafone Idea (Vi) has reported an improvement in its financial performance for the third quarter of the fiscal year, reducing its net loss to Rs.6,609 crore, compared to Rs.6,986 crore in Q3 FY24. The company’s revenues rose by 4 percent year-on-year to Rs.11,117 crore, up from Rs.10,673 crore in the same quarter las...

Spotify reports first annual profit riding price hike, cost cuts

Spotify Technology reported its first annual profit yesterday and forecast quarterly earnings above Wall Street estimates, as the Swedish audio-streaming giant benefits from strong user growth, price hikes and a cost-cutting drive.

The results mark the culmination of months-long effo...

Airtel, Vi, BSNL lose subs in Nov ‘24; Jio surges: TRAI data

The Telecom Regulatory Authority of India (TRAI) has released its subscription data for November 2024, revealing mixed fortunes for India’s leading telecom operators. While Bharti Airtel, Vodafone Idea, and Bharat Sanchar Nigam Ltd. (BSNL) saw declines in their subscriber bases, Reliance Jio registered significant gains, reversing a four-month s...

Riding increased ARPU, Jio logs 24 percent jump in Q3 profit

Reliance Jio, India's largest telecom operator, yesterday reported a 24 per cent jump in its October-December quarter net profit as average per-user revenue rose largely due to tariff hike.

Its standalone net profit of Rs 6,477 crore in October-December 2024 compared to Rs 5,208 cror...

Vi partners with Shemaroo to live stream Maha Kumbh Mela 2025

Leading telecom operator Vi has joined hands with Shemaroo to bring the grandeur of the Maha Kumbh Mela 2025 to millions of screens. The partnership will enable Vi customers to live-stream the world’s largest spiritual gathering through the Vi Movies & TV platform, ensuring accessibility for those unable to attend in person. Held in Praya...

GTPL Hathway reports stable performance in Q3 FY25

GTPL Hathway Limited, one of India’s largest digital cable TV service and broadband providers, has announced its financial results for the quarter ended December 31, 2024 with solid numbers.

Q3 FY25 total revenue stood at Rs. 8,957 million, a growth of 4 percent Y-o-Y, while the EBIT...

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!