GTPL Hathway Ltd.

GTPL Hathway was incorporated on August 21, 2006 at Ahmedabad as ‘Gujarat Tele Link Private Limited’, as a private limited company under the Companies Act, 1956. Pursuant to a resolution of the Board of Directors dated April 12, 2013 and a resolution of the shareholders dated April 12, 2013, the name of the Company was changed to ‘GTPL Hathway Private Limited’ and a fresh certificate of incorporation consequent upon change of name was granted by the RoC on May 6, 2013. The Company was converted into a public limited company pursuant to approval of the board at a board meeting held on August 23, 2016 and shareholders at an extraordinary general meeting held on August 26, 2016. Consequently, the name of the Company was changed to ‘GTPL Hathway Limited’ and a fresh certificate of incorporation consequent upon conversion to a public limited company was granted to the Company by the RoC on September 28, 2016.

They are a leading regional MSO in India, offering cable television and broadband services. They are the number 1 MSO in Gujarat with a market share of 67% of cable television subscribers in 2015, accounting for approximately 3.7 million of 5.6 million cable television households in Gujarat. They are the number 2 MSO in Kolkata and Howrah in West Bengal with a market share of 24% of cable television subscribers in this market in 2015, accounting for approximately 0.7 million of 3.0 million cable television households in Kolkata and Howrah.

Business area of the Company

GTPL's source of revenue for cable services is subscription income received from subscribers and carriage and placement revenues received from broadcasters for carrying their channels and placing their channels on their preferred channel number or position. They also have the right to place the 'Gujarat News' channel on their network, which is produced by their Group Company, Gujarat Television Private Limited. GTPL produce its own content and also offer third-party content on its local channels to ensure that it has a suitable mix of content that appeals to a range of demographics.

Major events and milestones:

• 2006: The Company was incorporated as Gujarat Tele Link Private Limited.
• 2007: Hathway acquired 50% share capital in the Company.
• 2007: Received category B ISP license.
• 2007: Installed digital head-end in Ahmedabad.
• 2008: Commenced broadband services.
• 2011:  Ventured into state of Assam through memorandum of understanding with V&S Cable Private Limited.
• 2011: Ventured into state of West Bengal through acquisition of Kolkata Cable & Broad Band Pariseva Limited.
• 2011: Installed digital head-end in Kolkata • Installed new digital head-end at Ahmedabad.
• 2013: Ventured in Patna through memorandum of understanding with Darsh Communication Private Limited.
• 2013: Ventured into state of Andhra Pradesh through memorandum of understanding with Vaji Communications.
• 2013: Digitalization of phase I & II completed.
• 2014: Commenced package based billing.
• 2015: Received category A ISP license.
• 2015: Installed digital head-end in Dibrugarh.

Awards and Accreditations:

• 2015: 6th BCS Ratna Award for ‘Emerging Independence MSO-West’.
• 2016: 7th BCS Ratna Award for ‘Fastest Emerging Regional MSO Nationally’.
• 2016: Award for outstanding contribution to industry by Society for Digital Cable and Broadband Professionals.
• 2017: Dena Bank Hercules Award on ‘An innovative approach brings highest market share with ethernet network in Gujarat, Rajasthan and Kolkata’.
• 2017: 8th BCS Ratna Award presented for ‘Emerging Regional MSO in Broadband Sector’.