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Hathway Cable Reviews

Mumbai, Maharashtra

4.0/ 5

1 review

Hathway Cable & Datacom Limited is one of India's leading telecommunications companies, specializing primarily in cable broadband and digital cable television services. Originally incorporated on August 7, 1959, as Chics Display Services Private Limited in Mumbai, the company underwent strategic ownership transitions, rebranding as Hathway Cable & Datacom Private Limited in 1999 and subsequently transforming into a public limited entity in 2009. Headquartered in Mumbai, Maharashtra, the organization stands as a prominent Multi-System Operator (MSO) and infrastructure pioneer within the Indian media and internet landscape. The core operations of Hathway are organized into major business segments including Broadband Business, Cable Television, and Dealing in Securities. As a premier fixed-line Internet Service Provider (ISP), Hathway deploys high-speed fiber-to-the-home (FTTH) and advanced next-generation fiber technology to offer reliable broadband connections to residential and enterprise consumers across key urban centers. The network utilizes modern technical frameworks, including Cisco's Docsis 3 systems in several locations, allowing for data distribution speeds up to 300 Mbps. Hathway is among the largest cable broadband operators in the nation, maintaining a market share of over 50% in the cable broadband segment and servicing nearly 1.77 million wireless and broadband subscribers out of millions of home-passed networks. In its television vertical, the company operates extensively across 350 cities and major towns through its wholly owned subsidiary, Hathway Digital Private Limited. This infrastructure manages digital head-ends that transmit digital cable signals to roughly 7.2 million digital households, both directly and via Local Cable Operators (LCOs). It has established a major presence across dominant markets, including metropolitan hubs like Mumbai, Delhi, Bangalore, Hyderabad, and major regional centers in Gujarat, Rajasthan, and Madhya Pradesh. A major milestone occurred on October 17, 2018, when Reliance Industries announced a definitive acquisition of a controlling stake in Hathway. Following regulatory clearings from the Competition Commission of India and a subsequent open offer in 2019, Reliance Industries Limited consolidated its position, securing a 75% promoter shareholding in the company. Financially, Hathway Cable & Datacom Limited is publicly listed on both the National Stock Exchange (NSE) under the ticker HATHWAY and the Bombay Stock Exchange (BSE) under the code 533162. Over its long operating history, the company has established a largely debt-free balance sheet. For the first quarter of the fiscal year 2026, the company demonstrated continued operational efficiency, reporting a total income of INR 564 crore and a consolidated net profit surge of 72% year-on-year to INR 31 crore. Backed by its strong corporate backing and widespread national infrastructure, Hathway focuses on delivering a converged world of information, high-definition entertainment, and digital services to Indian households.