Hathway Cable and Datacom MultiBagger 5 years time frame Long Term
- Data is the new Gold and Hathway Internet Server provider will be the new age gold company.
- The Company's Cable operations straddle across key Indian geographies and offers cable television services across 140 cities and towns and high-speed cable broadband services across 21 cities.
- The company has established 20 digital head-ends in the country.
- Hathway holds a PAN India ISP license and is the first cable television services provider to offer broadband Internet services. It is currently India’s largest cable broadband services provider, with approximately 1.4 million two-way broadband enabled homes. Its subscriber base constitutes approximately "52 %" of the total cable broadband market in India.
- In addition to our cable television and broadband service offerings, Hathway also has under it’s umbrella, Hathway Music non stop 24 hours Hindi music channel, and various local channels.
- Providence Equity Advisors India Pvt. Ltd (Providence) is a major corporate shareholder of the Company and holds 9.90%in equity share capital of the company. Providence has invested funds with over $23 billion in more than 100 companies operating over 20 countries since its inception in 1989.
- The Company has seen a turnaround and improved Finacial conditions. This stock could give multibagger returns in coming times
