Hathway Cable & Datacom has acquired the balance stake in the share capital of Hathway Bhaskar Multinet so as to increase its holding in the said entity to 100% of the share capital.
Hathway Bhaskar Multinet, which is presently a subsidiary, is a Multi System Operator with Cable Television distribution networks in the cities of Bhopal, Indore and Jaipur.
Hathway Cable and Datacom is a leading cable television services provider in India as well as one of the leading cable broadband services providers. It offers analog and digital cable television services across 125 cities and towns and high-speed cable broadband services across 18 cities, operating in geographical regions which it believes to constitute important markets for advertisers and broadcasters.
