GTPL Hathway shines on launching linear television content on connected TVs through TVKey Cloud
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GTPL Hathway is currently trading at Rs. 176.40, up by 5.15 points or 3.01% from its previous closing of Rs. 171.25 on the BSE.
The scrip opened at Rs. 171.00 and has touched a high and low of Rs. 182.55 and Rs. 168.80 respectively. So far 5957 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 217.65 on 10-Jan-2024 and a 52 week low of Rs. 102.00 on 19-May-2023.
Last one week high and low of the scrip stood at Rs. 186.00 and Rs. 168.80 respectively. The current market cap of the company is Rs. 1954.05 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 8.69% and 16.31% respectively.
GTPL Hathway has launched Linear Television content on Connected TVs through TVKey Cloud, a joint solution developed by NAGRA and Samsung. This is a significant milestone for the company as it opens up new possibilities for viewers to access linear content. Compatibility with a range of Samsung Connected TVs (2023-year models and soon to be launched 2024 year models) including Ultra HD, OLED, QLED & NeoQLED, ensures a wide range of potential users that can benefit from this service.
The benefits of secure access to linear content without a separate set-top box are substantial. Simplifying the viewing experience and reducing clutter aligns with the modern viewer's preferences for streamlined and efficient entertainment setups. Access to such a convenient and streamlined viewing experience will be a big advantage for GTPL subscribers. The ability to access content securely without the need for extra hardware (savings of up to Rs 2,000 for the consumer) is a compelling proposition that can enhance user satisfaction and drive further growth for GTPL Hathway.
The integration of TVKey into the company's offerings provides a new channel to market, accessed via the consumer's TV remote control. This integration allows the company's subscribers to access secure premium content using TVKey's unique on-chip security, ensuring a high level of content protection. Offered via an immersive and engaging user interface, the solution ensures that the company is the default live TV source application.
GTPL Hathway is a leading regional Multi-System Operator (MSO) in India, offering cable television and broadband services.
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