Hathway is the largest cable television and broadband player with a pan-India presence. It belongs to the Rajan Raheja stable of companies (one of the best known Indian business house). Rupert Mudoch-controlled NewsCorp Group is also a major long term investor in the company.
We believe the company is poised to break into the major league of media distribution companies of India. The Indian market is about to take major steps towards digitization of the cable network as the Indian Government implements its announced policy of universal digitization, hugely improving the content delivery platform for customers. Hathway is set to lead an expected wave of consolidation and digitization. The long expected 'second revolution' of the cable industry is about to take place, raising myriad possibilities for content and content-delivery for cable television and broadband in India. This makes Hathway an exciting investment story.