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Incorporated in 1995, Hathway Cable and Datacom Limited formerly known as BITV Cable Networks, is the main satellite TV administrations supplier in India, just as one of the main link broadband administrations suppliers. Hathway Broadband Internet was the first link internet service provider.
The organization offers simple and advanced satellite TV administrations across 125 urban areas and towns and high-velocity link broadband administrations across 20 urban communities.
Reliance Industries Limited is an Indian multinational conglomerate company, headquartered in the city of Mumbai is the owner organization.
The company is listed on the Bombay Stock Exchange and National Stock Exchange lists.
Hathway was a multi-administration operator claimed by the Rajan Raheja Group. In 2003, it remained as one of the biggest multi-framework operators in India close to the Hinduja Group companies of RPG Cable and InCablenet, and the Essel Group controlled Siti Cable.
In 2018 Reliance Industries reported that it had obtained a 51.34% stake in Hathway for ₹2,940 crores. The company got the endorsement from the Competition Commission of India in 2019. Dependence procured an extra stake in Hathway in 2019, taking its all-out stake in the organization to 71.95%.
Hathway cable's initial public offering came in 2010 with the face value of ₹10 per equity share.
The Hathway Cable Initial public offer is bought 1.36 times. The public issue was bought on 0.28 occasions in the retail class, 1.43 times in the QIB classification, and 4.29 times in the NII category.
The company has an expansive range of services which they offer to the country
In 1995- Hathway cable and datacom limited was incorporated.
In 2008, their computerized TV subscriber base comprised roughly 42% of the complete advanced satellite TV market in India.
In 2009- the organization had 1,319,646 endorsers for simple satellite TV administrations and 972,969 computerized digital TV supporters.
Hathway has been granted the best Multiple system operator award at the Indian Telly Awards. The prominent company was also awarded with the "Star News Brand Excellence Awards in the year 2011-2012.
Hathway Cable and Datacom Limited is the main digital TV administrations supplier in India, just as one of the main link broadband administrations suppliers.
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