Hathway Cable & Datacom Limited Overview
Pro stress-test →Hathway Cable & Datacom Limited is a leading Multi System Operator (MSO) providing cable television and broadband internet services to households and businesses across India. Reliance Industries acquired a 51.34% stake in Hathway for ₹2,940 crore in October 2018, receiving approval from the Competition Commission of India in January 2019.
Strategic Profile
Pro stress-test →The company operates through Broadband Business, Cable Television, and Dealing in Securities segments. It generates the majority of the revenue from Cable television services. The company operates in a mature but transitional market facing headwinds from cord-cutting trends and increasing fiber adoption.
Competitive Landscape
Pro stress-test →Hathway historically stood as one of the largest multi-system operators in India alongside Hinduja Group companies (RPG Cable, InCablenet), Essel Group's Siti Networks, and DEN Networks. GTPL Hathway (affiliated entity) is now the No.1 MSO in India. The sector faces competition from direct fiber broadband providers and OTT streaming platforms.
Industry Context
Hathway Cable & Datacom Limited operates in Cable Television and Broadband Internet Services (India Multi-System Operator Sector).
Key facts
Founded: 1999 · Headquarters: Mumbai, India · Revenue: ₹536.56 crore (Q3 FY26) · Market cap: ₹1,898 crore