What Is Gtpl Full Form
GTPL, formerly called Gujarat Telelinks Pvt Ltd, was founded in 2006 by Anirudhsinh Jadeja and Kanaksinh Rana. Hathway Cable, backed by Rajan Raheja Group, acquired a 50% stake in the private company in 2008. Jadeja said the company was phasing out analog services in order to comply with the four-step digitization policy established by the Ministry of Information and Broadcasting. “Digitalization also offers us the opportunity to expand our product range with additional high-definition channels and broadband services. Our digital services platform is supported by our own network of fiber optic cables between the city and the city,” he added. GTPL recorded a net profit of €83 billion on sales of €640 billion for the year ended March 31, 2016. The company has approximately 5.41 million active digital cable subscribers. We are one of the leading regional MSOs in India, providing cable and broadband TV services. We are the number 1 OSM in Gujarat with a market share of 67% of cable TV subscribers in 2015, or about 3.7 million out of 5.6 million cable TV households in Gujarat. We are the number 2 of the OSM in Kolkata and Howrah in West Bengal with a market share of 24% of cable TV subscribers in this market in 2015, or about 0.7 million out of 3.0 million cable TV households in Kolkata and Howrah. Gujarat is an important market for broadcasters and advertisers, as it contributed to an audience share of more than 5% in India in 2015 and more than 8% of the Hindi language market in India.
In fiscal 2016, we accounted for 14% of the total cable transport and brokerage fee market in India. “The Hindi language market is a big market. We are currently represented in 11 states. We could try to expand into these markets through our strong content acquisition strategies. We produce our own content and also offer third-party content on our local channels to ensure we have a proper mix of content. We believe our local content offering is an important force that gives us a competitive edge to attract, retain and grow our subscriber base,” Anirudhsinh Jadeja, MD, GTPL Hathway, told BusinessLine. The IPO will include a new issue of shares and an offer to sell by existing shareholders. The company said it could sell up to 9 million shares of GTPL. The company constantly strives to improve and simplify the lives of its customers through high-quality services and products that give them the freedom to connect, entertain, work and entertain themselves anytime, anywhere and by any means. GTPL stands for Gujarat Telelinks Pvt Ltd.
It was founded in 2006. Hathway acquired a 50% stake in 2007 and became GTPL Hathway Limited (hereinafter “GTPL” or “The Company”). We have received the following awards and accreditations Our company was established on 21 August 2006 in Ahmedabad as “Gujarat Tele Link Private Limited” as a limited liability company under the Companies Act of 1956. Pursuant to a resolution of our Board of Directors dated April 12, 2013 and a resolution of our shareholders dated April 12, 2013. In April 2013, the name of our company was changed to “GTPL Hathway Private Limited” and a new Certificate of Incorporation was issued following the name change by the Registrar of Companies, Ahmedabad, Gujarat (“RoC”) on 6 May. 2013. Our company was transformed into a joint-stock company pursuant to the approval of the Board of Directors at a meeting of the Board of Directors on August 23, 2016 and of the shareholders at an Extraordinary General Meeting on August 26, 2016. As a result, the name of our company was changed to “GTPL Hathway Limited” and a new certificate of incorporation after conversion to a public limited company was issued to our company by the RoC on 28 September 2016. Iis is one of the largest multi-system operators (MSOs) in India. The company, together with its subsidiaries, is active in cable television and broadband service distribution, reaching approximately 9.50 million households.
The company stated that its main source of revenue for cable services is subscription revenues received from subscribers and promotion and placement revenues received from broadcasters to broadcast their channels and place their channels on their preferred channel number or position. Jadeja said the company is also aggressively focusing on its broadband business. “We have a network and we want to grow. As of September 30, 2016, we have planted approximately 6.19 million set-top boxes and approximately 5.41 million active digital cable subscribers. As of August 31, 2016, we had approximately 2.02 million analog cable subscribers and nearly 2.1 lakh broadband subscribers. “As India`s first OSM, our ambition is to provide services through technologically advanced fiber optic networks, strong business partnerships and empathetic after-sales services. With a network of more than 25,000 km of fiber and coaxial cables, the company has more than 500 cities in 10 states of India with offices in Gujarat, West Bengal, Maharashtra, Rajasthan, Jharkhand, Bihar, Andhra Pradesh, Telangana, Goa and Assam. Hathway Cable owns 50% of the shares of GTPL Hathway, which in turn owns and maintains joint ventures with other companies to operate operations in Gujarat, Maharashtra, Rajasthan, West Bengal, Assam, Jharkhand, Andhra Pradesh and Madhya Pradesh. The cable TV industry is said to have connected more than 100 million homes in the country. GTPL Hathway, a subsidiary of cable operator Hathway Cable and Datacom Ltd, aims to implement its strategy of acquiring local content and partnering with local cable operators.
The company, which is in the process of raising 600 crore through an IPO, said the funds would be used to expand its subscriber base and deleverage. 6th BCS Ratna Award for `Emerging Independence MSO-West`. . . .