GTPL Hathway Partners up with Reliance Jio GTPL and Reliance Jio have partnered up and are exploring synergies in network infrastructure. According to the reports, Reliance Industries has acquired a significant chunk in Hathway Cable and Datacom, which almost owns a stake of 37.5 % in GTPL Hathway. As per the words of GTPL Hathway’s MD Anirudhsinh Jadeja “It is the privilege of GTPL to team up with Reliance Jio. There is no competition in the market, and wherever we share common ways, we complement each other. With Jio as our partner, there is a lot of synergies happening in a network infrastructure where our business is becoming stable because of mutual support.” Piyush Pankaj noted that capital expenditure of Q3 FY20 and 9M FY20 stood at Rs 36 crore and Rs 122 Crore respectively. Also, the company is planning to spend Rs 165 Crores on capital expenditure in FY20. TRAI has Made Minor Changes in NTO GTPL Hathway Chairman and non-executive director Rajan Gupta marked that NTO 2.0 is an extension of NTO 1.0 and the business model is expected to remain the same. Also, GTPL with its goodwill in many territories can charge higher DPOs and consumers will have more choices. In response to a question on ARPU, Pankaj noted that “we have to wait to see what new bouquets, new channel prices will be revealed by the broadcasters in NTO 2.0 and only after the assessment, we can give a clear statement on NTO 2.0 ARPU.” However, it is expected that ARPU will increase in the next 2 to 3 years.
