Den Networks Ltd. is confident its broadband services can compete with peers, despite the tariff pressures introduced by Reliance Jio Infocomm Ltd., said the company's Chief Executive Officer SN Sharma.
Tariff pressures wouldn’t hurt Den Networks’ growth. The cable TV and broadband services provider will be operating in a competitive average-revenue-per-user range of Rs 550 for 50 mbps for unlimited data, he told BloombergQuint. He also expects the cable business to grow significantly over the next three years.
The cable set-top-box segment is also slated to grow as installations in the deep rural tier-IV areas continue. The ARPU in tier-III or the semi-rural areas are also expected to jump to Rs 144 from Rs 76 in less than three years, he said. – Bloomberg Quint