View source for Hathway

{{Short description|Indian cable TV service operator}}
{{for|the surname|Hathway (surname)}}
{{Use Indian English|date=January 2016}}
{{Use dmy dates|date=January 2016}}
{{More citations needed|date=July 2022}}
{{Infobox company
| name = Hathway
| logo = Hathway Cable & Datacom logo.svg
| logo_size = 250px
| logo_alt = 
| type = [[Public company|Public]]
| traded_as = {{NSE|HATHWAY}} {{BSE|533162}}
| location_city = [[Mumbai|Mumbai, Maharashtra]]
| location_country = India
| founder = {{ubl|Pheroza Billimoria|Roopesh Rao}}
| owner = [[Reliance Industries]] (71.95%)<ref>{{Cite web |date=2018-10-26 |title=How RIL's acquisition of Hathway Cable, DEN Networks hurts rivals |url=https://www.businesstoday.in/industry/telecom/story/how-ril-acquisition-of-hathway-cable-den-networks-hurts-rivals-150287-2018-10-26 |access-date=2024-07-01 |website=Business Today |language=en}}</ref>
| area_served = India
| industry = [[Telecommunications]]
| products = {{Unbulleted list|[[Cable television]]|[[Broadband Internet]]|[[Home networking]]|[[FTTH]]|[[Internet service provider]]}}
| homepage = {{official URL}}
| Electronic City = 
}}

'''Hathway Cable & Datacom Ltd''', formerly BITV Cable Networks, is an Indian [[cable television]] and [[broadband]] service provider based in [[Mumbai]].<ref>{{cite web|url=http://www.hathway.com/corporate/pdfs/annual-2009-10.pdf|title=Hathway Cable & Datacom Ltd Annual Report 2009-2010|access-date=4 June 2011|url-status=dead|archive-url=https://web.archive.org/web/20111005075236/http://www.hathway.com/corporate/pdfs/annual-2009-10.pdf|archive-date=5 October 2011|df=dmy-all}}</ref><ref>{{Cite web |last= |date=2023-10-17 |title=Hathway Cable Q2 Results: Net profit falls 33.7% to ₹20 cr, revenue up 2% YoY |url=https://www.livemint.com/companies/company-results/hathway-cable-q2-results-net-profit-falls-33-7-to-rs-20-crore-revenue-up-2-yoy-11697554925572.html |url-status=live |archive-url=https://web.archive.org/web/20231019030209/https://www.livemint.com/companies/company-results/hathway-cable-q2-results-net-profit-falls-33-7-to-rs-20-crore-revenue-up-2-yoy-11697554925572.html |archive-date=2023-10-19 |access-date=2024-04-23 |website=[[Mint (newspaper)|Mint]] |language=en-IN}}</ref> It was the first company to provide Internet using the [[Cable television|CATV network]] in India, and the first cable operator to launch a digital platform in 2006.<ref>{{Cite web |last=Major |first=Rose |date=2009-03-12 |title=Hathway offers India's first cable PVR |url=http://www.rapidtvnews.com/index.php/200903123356/hathway-offers-indias-first-cable-pvr.html |url-status=dead |archive-url=https://web.archive.org/web/20101018054031/http://www.rapidtvnews.com/index.php/200903123356/hathway-offers-indias-first-cable-pvr.html |archive-date=2010-10-18 |website=Rapid TV News}}</ref> Hathway Broadband Internet was the first cable [[Internet service provider|ISP]] in India. Business India Television (BITV) Cable Networks Pvt Ltd was acquired by Hathway in 1999. As of 2007, the company had a 51% stake in Bhupendran Bhaskar Multinet and a 50% stake in Gujarat Telelinks Pvt Ltd (GTPL).<ref>{{Cite web|title=Home {{!}} GTPL|url=https://www.gtpl.net/|access-date=2020-11-25|website=www.gtpl.net|archive-date=1 November 2020|archive-url=https://web.archive.org/web/20201101101114/https://www.gtpl.net/|url-status=live}}</ref><ref>{{Cite web |title=GTPL about |url=https://www.gtpl.net/about}}</ref> In 2011, Hathway GTPL entered Assam with an MoM with V&S Cable Pvt Ltd, and started operations in West Bengal as they acquired KCBPL (Kolkata Cable & Broadband Pariseva Ltd) to create a subsidiary, GTPLKCBPL, responsible for providing services in [[West Bengal]].<ref>https://www.goodreturns.in/company/gtpl-hathway/history.html {{Webarchive|url=https://web.archive.org/web/20190406093306/https://www.goodreturns.in/company/gtpl-hathway/history.html |date=6 April 2019 }} History of GTPL Hathway</ref>

==Other services==
In the second half of 2011, Hathway launched its HDTV services in [[Mumbai]], [[Hyderabad]], [[Bangalore]], [[Chennai]], [[Indore]], [[Kolkata]]; in [[Gujarat]] in 2013, and [[Odisha]] in 2015. Their new '''''HD DVR''''' [[set-top box]] initially provided 8 HD channels, with availability increasing to sixteen in March 2012. There are thirty channels available as of 2020. With this addition, Hathway is now the provider with the most HD channels in its Indian market.{{citation needed|date=November 2020}}

Hathway Broadband Internet was one of the earliest cable ISP services in the Indian cities of [[Delhi]], Mumbai, Indore, [[Bhopal]], [[Lucknow]] and [[Kolkata]]. As of 2024, the highest possible speed provided via fiber is 300&nbsp;Mbit/s. It uses [[Cisco]]'s [[DOCSIS|Docsis]] 3 technology in three cities, where the speeds exceed 50&nbsp;Mbit/s.

There are around 11 million subscribers, of which around 1.77 million currently have wireless/broadband internet available. Approximately 430,000 of these users are using Hathway broadband services.

Hathway was the first Indian digital cable service provider to release [[digital video recorder]] ('''DVR''') services, on March 12, 2009, powered by [[Cisco Videoscape|NDS]] XTV.<ref>{{Cite press release|url=https://www.businesswire.com/news/home/20090311005058/en/Hathway-Indian-Digital-Cable-Service-Provider-Launch|title=Business Wire Hathway Press Release|access-date=16 Dec 2020|archive-date=16 July 2022|archive-url=https://web.archive.org/web/20220716085150/https://www.businesswire.com/resourcenotfound|url-status=live}}</ref>{{primary source inline|date=August 2023}}

== Acquisition by Reliance Industries ==
Hathway was the [[List of multiple-system operators|multi-service operator]] owned by the Rajan Raheja Group.<ref name=":22">{{Cite book|last=Kohli-Khandekar|first=Vanita|title=The Indian Media Business|publisher=[[SAGE Publications]]|year=2003|isbn=978-0-7619-9650-7|location=|pages=90|language=en}}</ref> In 2003, it stood as one of the largest multi-system operators in India alongside the [[Hinduja Group]] companies of RPG Cable and InCablenet, and the [[Essel Group]] controlled [[Siti Networks]],<ref name=":22"/> and also one of the three major cable distributors in India alongside [[DEN Networks]] and InCablenet.<ref name=":3">{{Cite book|last=Kohli-Khandekar|first=Vanita|title=The Indian Media Business|publisher=[[SAGE Publications]]|year=2003|isbn=978-0-7619-9650-7|location=|pages=67|language=en}}</ref>

On October 17, 2018, [[Reliance Industries]] announced that it had acquired a 51.34% stake in Hathway for {{INRConvert|2940|c}}.<ref>{{cite web |title=Reliance acquires 58.92% stake in Den Networks, 51.34% share in Hathway |url=https://www.businesstoday.in/top-story/reliance-acquires-58.92-stake-in-den-networks-51.34-share-in-hathway/story/286130.html |website=Business Today |date=23 October 2018 |access-date=7 April 2019 |archive-date=17 November 2020 |archive-url=https://web.archive.org/web/20201117083853/https://www.businesstoday.in/top-story/reliance-acquires-58.92-stake-in-den-networks-51.34-share-in-hathway/story/286130.html |url-status=live }}</ref><ref>{{cite web |author1=Reliance |title=Reliance Media Release |url=http://www.ril.com/getattachment/30b9a86d-eb92-4ac6-8a20-62fbbdef58b2/RIL-announces-strategic-investment-in-and-partners.aspx/idcplg?IdcService=GET_FILE&dDocName=APRODCT000702&RevisionSelectionMethod=Latest&Rendition=primary |website=ril.com |access-date=11 Jan 2019 |format=PDF |date=17 October 2018 |archive-date=11 January 2019 |archive-url=https://web.archive.org/web/20190111175635/http://www.ril.com/getattachment/30b9a86d-eb92-4ac6-8a20-62fbbdef58b2/RIL-announces-strategic-investment-in-and-partners.aspx/idcplg?IdcService=GET_FILE&dDocName=APRODCT000702&RevisionSelectionMethod=Latest&Rendition=primary |url-status=live }}</ref><ref>{{cite web |last1=Kundu |first1=Rhik |title=What Hathway and Den deals mean for Reliance Jio |url=https://www.livemint.com/Companies/CbIho0Mzxon95xTKoUh2EL/What-Hathway-and-Den-deals-mean-for-Reliance-Jio.html |website=Mint |access-date=7 April 2019 |language=en |date=19 October 2018 |archive-date=9 November 2020 |archive-url=https://web.archive.org/web/20201109032047/https://www.livemint.com/Companies/CbIho0Mzxon95xTKoUh2EL/What-Hathway-and-Den-deals-mean-for-Reliance-Jio.html |url-status=live }}</ref> The acquisition received approval from the [[Competition Commission of India]] in January 2019.<ref>{{cite news |last1=Laghate |first1=Gaurav |title=Reliance Industries gets CCI nod to acquire Hathway, DEN |url=https://economictimes.indiatimes.com/markets/stocks/news/reliance-industries-gets-cci-nod-to-acquire-hathway-den/articleshow/67643807.cms |website=The Economic Times |access-date=7 April 2019 |date=22 January 2019}}</ref> Reliance acquired an additional 20.61% stake in Hathway through an open offer worth {{INRConvert|1180.42|c}} in March 2019, taking its total stake in the company to 71.95%.<ref>{{cite web |title=Reliance Jio acquires another 12% of Den Networks |url=http://www.indiantelevision.com/cable-tv/multi-system-operators/reliance-jio-acquires-another-12-of-den-networks-190309 |website=Indian Television Dot Com |access-date=7 April 2019 |language=en |date=9 March 2019}}</ref><ref>{{cite web|title=Reliance increases shareholding in DEN, Hathway, GTPL through open offer Ashwini|url=https://www.televisionpost.com/reliance-increases-shareholding-in-den-hathway-gtpl-through-open-offer/|website=TelevisionPost|access-date=7 April 2019|date=11 March 2019|archive-date=7 April 2019|archive-url=https://web.archive.org/web/20190407031211/https://www.televisionpost.com/reliance-increases-shareholding-in-den-hathway-gtpl-through-open-offer/|url-status=live}}</ref>

==References==
{{reflist}}

==External links==
* {{Official website|http://www.hathway.com/}}

{{Network 18}}
{{Reliance Industries Limited}}
{{Telecommunication companies of India}}
{{DTH in India}}
{{CATV}}
{{Nifty 200 companies}}

[[Category:Companies based in Mumbai]]
[[Category:Mass media in Mumbai]]
[[Category:Cable television companies of India]]
[[Category:Reliance Media]]
[[Category:Year of establishment missing]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Reliance Industries]]
[[Category:Internet service providers of India]]