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Ref. No.: GTPL/SE/2022April 8, 2022BSE LimitedPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai 400 001National Stock Exchange of India LimitedExchange Plaza,Plot No. C/1, G Block,Bandra Kurla Complex, Bandra (East),Mumbai – 400051Scrip Code: 540602Trading Symbol: GTPLDear Sir/Madam,Sub:Investor Presentation on the Standalone and Consolidated Audited FinancialResults for the quarter and financial year ended March 31, 2022Kindly find enclosed herewith a copy of Investor Presentation on the Standalone andConsolidated Audited Financial Results for the quarter and financial year ended March 31,2022.The same will also be available on the Company’s website, ‘www.gtpl.net’.Thanking you.Yours faithfully,For GTPL Hathway LimitedHardik SanghviCompany Secretary & Compliance OfficerFCS: 7247Encl: As above
GTPL Hathway LimitedFY22 Annual & Q4 Results Update
Table of Contents01Company Overview & Strategy302Awards & Recognitions1803Key KPIs2204Consolidated Financials2705Standalone Financials372
Company Overview & Strategy3
Company Overview GTPL Hathway is engaged in Cable TV Distribution and High-speed Broadband Service for 15 years; connecting 11 million households in 1,200 towns across 19 states in India. The Company is the No. 1 Multi-Service Operator (MSO) in India & Gujarat and the No. 2 MSO in West Bengal. GTPL Broadband is the No. 6 Private Wireline Broadband provider in India & the No. 1 in Gujarat with 8 Lac connected Homes providing highspeed fibre broadband at affordable rates.Cable TVBroadbandNetwork & Infra No.1 MSO in India No. 6 Private Wireline Broadband player 75,000 km of Optical fibre network. Combined Offerings of Cable TV & OTTservices High Speed Broadband upto 200 Mbps BharatNet project (Phase-II, Gujarat)successfully delivered; connected 3,700Gram Panchayat 100% subscribers under Prepaid Model 40 Owned & Operated Channels Home-pass of 4.70 Mn UninterruptedconnectivityGPON Technologythrough O&M contract - 17,000 km of OpticalFibre for BharatNet4
Leader across Key Markets0102Commenced Business in 2006Footprint in 1,200 towns across 19 Statesconnecting 11 Mn Households#No.1* MSO in IndiaSources : * Performance Indicators Report, TRAI** Independent third party Report03#No.1 MSO in Gujarat #No.2 in WB04#No. 6* Private Wireline Broadband Playerin India#No. 1 in Gujarat**05Significant presence in Maharashtra,Andhra Pradesh, Telangana & North-East5
Our Leadership Journey 2.3x growth in last 6 years forSubscriber BaseCATV 4.8x growth in last 6 years forCash Positive FreeCashFlow(FCF)generated for last 6 yearsBroadband 22% CAGR growth in Revenue inlast 6 yearsGrowth 24% CAGR growth in EBITDA inlast 6 years Consistent Dividend PayingDividendHistory of last 6 years 40% Dividend for FY22 PAT Positive for last 6 yearsConsistentPerformance* FY Apr-Mar Upgraded to “IND AA-/Stable”by ‘India Ratings’DebtReduction “Net Debt Free” companyNote : Numbers are excluding EPC6
Financial Comparatives : Consolidated*Key Financial HighlightsIn AT#2,006#1,885Exceptional Items (Loss on Insurance Claim Receivables) of 124 Mn for FY22 Revenue Growth (Ex. EPC) of 2,670 Mn; Increase by 12% EBITDA Growth (Ex. EPC) of 222 Mn; Increase by 4% PAT Growth of 121 Mn; Increase by 6%* FY Apr-Mar7
Diversifying BusinessIn 79 (14%)FY17FY22Broadband* FY Apr-Mar274 (11%)Cable TVFY17FY22BroadbandCable TVNote : Numbers are excluding EPC8
Highlights of FY2254321Sources : * Performance Indicators Report, TRAI** Independent third party ReportNet DebtFreeISO CertifiedFootprint in4 more StatesNo. 1 BroadbandPlayer** in GujaratNo. 1 MSO* in India9
Launch of GTPL Genie: Cable TV OTT Unique Bundle of CableTV & 12 OTT Services Convenience of SingleSubscription Convert normal TV into aSmart TV10
Year at a GlanceQ1 FY22 Listed inIndia’s Top 500 Companiesby Dun & Bradstreet Launch of GIVAIndustry first WhatsAppbased ChatbotQ2 FY22 GTPL & Broadband(Subsidiary)ISO Certified9001:201527001:2013 No. 1 Broadband Player inGujarat* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 Jan-MarQ3 FY22 No.1 MSO in India Expanded inKarnataka & Odisha Partnered withAprecomm Subsidiaries Listed inIndia’s Top 500 SMEs /Mid-Corporateby Dun & BradstreetQ4 FY22 Launch of Hybrid STBs :Cable TV OTT Expanded inMadhya Pradesh &Nagaland Ranked 374th in HighGrowth Companies AsiaPacific, 2022 Ranked 76th in India’sGrowth Champions, 202211
Cable TV Business Performance Increased Active & Paying subscribers by 400K & 300Krespectively on Y-o-Y basis8.40 Mn7.80 Mn31,500 Active1STBsPayingSubscribersBusinessPartners Increased Active & Paying subscribers by 200K & 300Krespectively on Q-o-Q basis Launched Unique Bundle of Cable TV OTT Services :GTPL Genie Increased Footprint in 5 States : Karnataka, Odisha,80% 100%DigitalCollectionbase in PrepaidBusinessLaunch ofMadhya Pradesh, Uttar Pradesh & Nagaland Expanding aggressively in Andhra Pradesh,Maharashtra, Telangana, Tamil Nadu and North-East* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 Jan-Mar1Active Active during last 60 days12
Broadband Business Performance Increase of 181K (29%) Subscribers in FY22;51K Subscribers in Q4 FY22816KActiveSubscribers46%Y-o-Y Revenuegrowth4.70 MnHome-pass256 GBAverage DataConsumptionPer month200 Mbps 450/-Speed withUnlimited DataARPU ARPU of 450/- as of Mar-22; increased by 5/- inQ4 FY22 Enhanced High Speed Broadband Service offering upto 200 Mbps coupled with Truly Unlimited Data 4.70 Mn Home Pass; 65% Home-pass available forFTTX conversion Average Data Consumption per Customer stands at256 GB / Month as on Mar-22; up by 21% Y-o-Y* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 Jan-Mar13
Inherent StrengthsPreferred PartnerPioneer Offerings 31,500 Business Partners Combined Offerings - CATV OTT Multi-lingual packages Business App in VernacularLanguages New-Age Digital Payment Options 200 Broadcasters 1,500 Enterprise Clientele 25 Government Projects41All India PresenceTech Drivers Covering 19 states Oracle’s Exadata Database Nokia’s BNG solution &Aprecomm’s A.I.technology for Broadband Harmonic’s MPEG4 VideoHeadend for OTT Cable TV32 Wide reach acrossconsumption market Better Negotiation Power14
Cutting Edge Technology and InfrastructureAdvanced technology and equipment provided by leading technology vendorsTechnology PartnersHeadend: Mother Headend & Network Operating Centre (NOC) inAhmedabad, GujaratHeadend 2nd Headend in Kolkata, West BengalSTBs &Modems Distributing 760 channels including 95 HD channelsacross India.Optic Fibre Cable Network:SMSHybrid Androidset-top box Owned : 68,000 KMs Underground : 7,500 KMsCAS Leased: 6,500 KMsGPON Technology:Database Seamless connectivity Higher broadband speedNOC &OSS VoD, OTT capabilities15
Experienced Management Team with Strong Track RecordAnirudhsinh JadejaPromoter and MDZealous entrepreneur with 3 decades of leadership in cable operations; carving success story of GTPL since 2006. He hasbeen awarded with numerous industry/social awards and has accomplished many firsts in the industry.Anil BothraChief Financial OfficerCA, CS and CMA with 27 years of experience with leading companies including Grasim, Atul Ltd, Shell Hazira LNG etc.Proficiency in managing Business Strategy, Corporate Finance, Budgeting, Internal Control and M&A.Piyush PankajBusiness Head - Cable TV &Chief Strategy OfficerCFA and MBA with 24 years of varied experience in Media, Internet & e-commerce; has worked in Astro Group (Malaysia)and Zee Group (India). Track record of handling Strategy, Operations, Corporate Finance and Investor Relationships.Neeraj AgrawalBusiness Head - BroadbandMBA with 26 years of experience in managing diverse telecom products (both GSM & CDMA); has worked with industryleaders like Tata Tele and Reliance Communications.Subrata BhattacharyaChief Information & TechnologyOfficer28 years of diverse experience in Cable TV and Broadband Technology Platforms across industry; previous experience withRPG Netcom, Siti Cable & Cable Comm. Strong focus on developing and implementing latest technology in the organization.V GuruprasadChief Technology OfficerOver 31 years of core experience in Broadband and Cable Technology enterprises; has worked with global leaders likeReliance JIO, Silicon Applications(Singapore) and Scientific Atlanta.Ekta KanadeChief Legal Officer20 years of specialized expertise and experience largely in Media industry including Viacom 18, Walt Disney, etc.Amit ShethiaChief CSD Officer29 years of experience in Sales & Customer Service Delivery domains mainly at Telco giants like Bharti Airtel, Idea Cellularand Reliance Communication.Ashish SrivastavaChief Human Resource Officer28 years experience in leading HR operations across reputed organizations like M & B Engineering Ltd, Larsen & Toubro,Vodafone Idea Ltd, and Gujarat Ambuja Cements Ltd.16
Growth OpportunitiesExpansionCombo Offerings Expand Footprint in Existing Markets Bundled services of Cable TV & OTT;Launched in FY22 Venture into New Markets throughacquisition and consolidation Broadband bundling with OTT Up-sell current customers & add newcustomersBroadband Expansion through business partners;Launched in FY22 Cross-sell to 11 Mn Cable TVHouseholdsGrowthOpportunitiesTechnology and Infrastructure Capitalize and Monetize GPONinfrastructure to provide High Speed,High Volume Broadband Services Enhance digital infrastructureimplementation capabilities Increase Broadband penetration inRural Gujarat17
Awards & Recognitions18
Asia-Pacific High Growth CompaniesAmongst “Asia-Pacific#High-GrowthCompanies, 2022”Ranked #374#based on Revenue of past 3yearsRanked #9#9th in Media sector in AsiaPacific19
India’s Growth Champions#Amongst “India’s GrowthChampions, 2022”Ranked #76##based on Revenue of past 3yearsRanked #9Companies with Revenue of 500 Cr & above20
India’s Top 500 CompaniesGTPLGTPL Hathway Ltd.India’sTop 500 CompaniesGTPL Kolkata CableBroadband Pariseva Ltd.India’s Top 500Mid-CorporatesGTPL BroadbandPvt. Ltd.India’sTop 500 SMEs21
Key KPIs22
Cable TV Business : Annual : Consolidated*Active1 Subscribers (Mn)Paying Subscribers 806.807.40FY18FY19FY22# Active Subscribers increased by 400K in FY22* FY Apr-MarFY18FY19FY22#Paying Subscribers increased by 300K in FY221Active Active during last 60 days23
Cable TV Business : Quarterly : Consolidated*Active1 Subscribers (Mn)Paying Subscribers (Mn)8.407.808.208.008.007.508.057.507.30Q4 FY21Q1 FY22Q2 FY22Q3 FY22Q4 FY22# Active Subscribers increased by 200K in Q4 FY22* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 Jan-MarQ4 FY21Q1 FY227.35Q2 FY22Q3 FY22Q4 FY22#Paying Subscribers increased by 300K in Q4 FY221Active Active during last 60 days24
Broadband Business : Annual*Home-pass (Mn)Active Subscriber’s (‘000)ARPU ( ) (Net of 24053251.30FY18280FY19FY20FY21FY22# 830K New Home-Pass in FY22* FY Apr-MarFY18FY19FY20FY21FY22# ACB increased by 181K (29%) in FY22FY18FY19FY20# Maintained ARPU25
Broadband Business : Quarterly*Home-pass (Mn)Active Subscriber’s (‘000)8164.707654.404.10ARPU ( ) (Net of Taxes)4454404404454507354.203.87Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22# 300K New Home-Pass in FY22* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 Jan-Mar690635Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22# ACB increased by 51K in FY22Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22# Maintained ARPU26
Consolidated Financials27
Financial Highlights : Consolidated1RevenueTotal Revenue up by 12% Annually; 4% Y-o-Y; 2% Q-o-QISP Revenue up by 46% Annually; 34% Y-o-Y; 4% Q-o-Q2EBITDAEBITDA of 5,677 Mn in FY22; 1,400 Mn in Q4 FY22Up by 222 Mn (4%) AnnuallyEBITDA Margin stands at 23.5% in FY223Finance CostFinance Cost down by 35% Annually; 21% Q-o-QPATPAT (Incl. EPC) of 2,006 Mn in FY22; 552 Mn in Q4 FY22Up by 121 Mn (6%) Annually4* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 Jan-MarNote : Numbers are excluding EPC28
Key Financial Parameters : Annual TrendsTotal RevenueIn 17* FY 2FY17FY18FY19FY20FY21FY22Note : Numbers are excluding EPC, except PAT, which is Incl EPC29
Key Business Parameters : Annual TrendsIn MnSubscription Revenue10,30810,712ISP 17* FY Y20FY21FY2230
Financial Performance Trend: Consolidated* (Ex EPC)In MnTotal RevenueEBITDA6,2096,1105,991Quarterly1,4721,423- 5% 2% 4%Q4 FY21- 2%Q3 FY22Q4 FY21Q4 FY2224,15421,484AnnuallyQ3 FY22Q4 FY225,6775,455 12%FY211,400 4%FY22* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 Jan-MarFY21FY22Note : Numbers are excluding EPC31
Business Performance Trend: Consolidated* (Ex EPC)In MnSubscription RevenueISP RevenueQuarterly2,7022,6652,6951,0981,054817- 0.2% 4% 1%Q4 FY21 34%Q3 FY2210,75310,712Q4 FY21Q4 FY22Q3 FY22AnnuallyQ4 FY224,0752,792 46% 0.4%FY21FY22* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 Jan-MarFY21FY2232
Profit & Loss Statement: Consolidated : AnnualParticularsFY22Ex. EPCFY22EPCContractFY22TotalFY21Ex. EPCIn MnFY21EPCContractFY21TotalY-o-Y%(Ex. EPC)RevenueSubscription CATVRevenue from EPC contractBroadband ISPPlacement / Carriage / Marketing IncentiveActivationOther Operating IncomeOther IncomeTotal ExpenditurePay Channel CostEPC cost of material consumed& sub contracting costEmployee CostOther Operating, Admin & Selling Exp.Total ExpenditureEBITDAEBITDA %Depreciation/AmortizationFinance costProfit before Tax & Exceptional itemExceptional item / Share of Profit/(Loss) fromAssociate and JVsPBTTaxPAT before Other Comprehensive Income(Add)/Less : Share of Non Controlling InterestAdd/(Less) Other Comprehensive IncomePAT* FY 104(223)41,885-3%-35%14%10%4%6%33
Profit & Loss Statement: Consolidated : Q-o-QParticularsQ4 FY22Ex. EPCIn MnQ4 FY22Q3 FY22Q4 FY21Q4 FY22 Q3 FY22Q3 FY22 Q-o-Q% Q4 FY21Q4 FY21 Y-o-Y%EPCEPCEPCTotalEx. EPCTotal (Ex. EPC) Ex. EPCTotal (Ex. EPC)ContractContractContractRevenueSubscription CATVRevenue from EPC contractBroadband ISPPlacement / Carriage / Marketing IncentiveActivationOther Operating IncomeOther IncomeTotal y Channel CostEPC cost of material consumed& sub contracting costEmployee CostOther Operating, Admin & Selling Exp.Total ExpenditureEBITDAEBITDA %Depreciation/AmortizationFinance costProfit before Tax & Exceptional itemExceptional item / Share of Profit/(Loss) fromAssociate and JVsPBTTaxPAT before Other Comprehensive Income(Add)/Less : Share of Non Controlling InterestAdd/(Less) Other Comprehensive 5%65442705NA-1,40022.3%654427051-705-* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 .9%001311310%-2%-3%0857240617(48)2571-3%-8%-3%34
Balance Sheet: ConsolidatedLiabilitiesEquityEquity Share CapitalOther EquityTotal EquityNon-Current LiabilitiesFinancial LiabilitiesBorrowingsOther Financial LiabilitiesDeferred Tax LiabilitiesOther Non-Current LiabilitiesTotal Non-Current LiabilitiesCurrent LiabilitiesFinancial LiabilitiesBorrowingsTrade PayablesOther Financial LiabilitiesOther current liabilities (Deferred Rev.)Current Tax liability(Net)Total Current LiabilitiesTotal LiabilitiesAs on 31stMar 2022In MnAs on 31stMar 4255,6522,3593,48310813,02823,527 Decrease in Borrowings by 406 Mn due to repayment of borrowings in FY22(Gross Debt stands at 1,057 Mn in FY22 against 1,463 Mn in FY21) Drop in Other non-current liabilities mainly due to reduction in defferredactivation income. Decrease in Trade Payables of 1,091 Mn mainly due to EPC Project payablesof 1,081AssetsNon-Current AssetsFixed AssetsFinancial AssetsInvestmentsOther Financial AssetsDeferred Tax AssetsOther non-current AssetsTotal Non-Current AssetsAs on 31stMar 2022As on 31stMar 33219057,33923,527Current AssetsInventoriesFinancial AssetsTrade ReceivablesCash and cash equivalentsOther Financials AssetsCurrent Tax Assets (Net)Other Current AssetsTotal Current AssetsTotal Assets Increase in Other Non-Current assets largely accounts to increase in capitaladvances & Network acquisition advances 202 Mn Decrease in Trade Receivables by 997 Mn mainly due to EPC Projectreceivables 1,858 & Increase in Broadcasters receivable 390 Mn35
Financial Performance Trend: Consolidated*Net WorthIn MnNet DebtGross 836,5776,6481,2792,1581,4631,057(108)FY18* FY 9FY20FY21(171)FY2236
Standalone Financials37
Financial Highlights : Standalone (Ex. EPC)1RevenueTotal Revenue up by 7% AnnuallySubscription Revenue up by 2% Y-o-Y2EBITDAEBITDA of 3,268 Mn in FY22; 843 Mn in Q4 FY22EBITDA Margin stands at 21.4% in FY223Finance CostFinance Cost down by 37% Annually; 54% Y-o-Y & 63% Q-o-QPATPAT (Incl. EPC) of 1,380 Mn in FY22; 389 Mn in Q4 FY22Up by 51 Mn (4%) Annually; 35 Mn (10%) Q-o-Q4* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 Jan-MarNote : Numbers are excluding EPC38
Profit & Loss Statement: Standalone : AnnualParticularsFY22Ex. EPCFY22EPCContractFY22TotalFY21Ex. EPCIn MnFY21EPCContractFY21TotalY-o-Y%(Ex. EPC)RevenueSubscription CATVRevenue from EPC contractPlacement / Carriage / Marketing IncentiveActivationOther Operating IncomeOther IncomeTotal 5814,4851%2%10%ExpenditurePay Channel CostEPC cost of material consumed& sub contracting costEmployee CostOther Operating, Admin & Selling Exp.Total ExpenditureEBITDAEBITDA %Depreciation/AmortizationFinance costProfit before Tax & Exceptional itemExceptional item / Share of Profit/(Loss) fromAssociate and JVsPBTTaxPAT before Other Comprehensive IncomeAdd/(Less) Other Comprehensive IncomePAT* FY 1741,828-1%-11%-37%14%1,8285021,32631,32914%3%4%39
Profit & Loss Statement: Standalone : Q-o-QParticularsQ4 FY22Ex. EPCIn MnQ4 FY22Q3 FY22Q4 FY21Q4 FY22 Q3 FY22Q3 FY22 Q-o-Q% Q4 FY21Q4 FY21 Y-o-Y%EPCEPCEPCTotalEx. EPCTotal (Ex. EPC) Ex. EPCTotal (Ex. EPC)ContractContractContractRevenueSubscription CATVRevenue from EPC contractPlacement / Carriage / Marketing IncentiveActivationOther Operating IncomeOther IncomeTotal .4%38733592-4%1315921824102411ExpenditurePay Channel CostEPC cost of material consumed& sub contracting costEmployee CostOther Operating, Admin & Selling Exp.Total ExpenditureEBITDAEBITDA %Depreciation/AmortizationFinance costProfit before Tax & Exceptional itemExceptional item / Share of Profit/(Loss) fromAssociate and JVsPBTTaxPAT before Other Comprehensive IncomeAdd/(Less) Other Comprehensive 5467NA-84321.2%36015467--467-* FY Apr-Mar, Q1 Apr-Jun, Q2 Jul-Sep, Q3 Oct-Dec, Q4 91163543540%8%10%4611%-7%-5%40
Balance Sheet: StandaloneLiabilitiesEquityEquity Share CapitalOther EquityTotal EquityNon-Current LiabilitiesFinancial LiabilitiesBorrowingsOther Non-Current LiabilitiesTotal Non-Current LiabilitiesCurrent LiabilitiesFinancial LiabilitiesBorrowingsTrade PayablesOther Financial LiabilitiesOther current liabilities (Deferred Rev.)Current Tax liability(Net)Total Current LiabilitiesTotal LiabilitiesIn MnAs on 31stMar 2022As on 31stMar 116,052AssetsNon-Current AssetsFixed AssetsFinancial AssetsInvestmentsLoans & Other Financial AssetsDeferred Tax assetsOther non-current AssetsTotal Non-Current AssetsCurrent AssetsInventoriesFinancial AssetsTrade ReceivablesCash and cash equivalentsLoans & Other Financial AssetsCurrent Tax Assets (Net)Other Current AssetsTotal Current AssetsTotal AssetsAs on 31stMar 2022As on 31stMar 532267276,03416,052 Decrease in Borrowings by 195 Mn due to repayment of borrowings (GrossDebt stands at 896 Mn in Mar-22 against 1,091 Mn in Mar-21). Increase in Loans & Other Financial Assets by 367 Mn, mainly on account ofLoan to subsidiary company. Drop in Other non-current liabilities mainly due to reduction in defferredactivation income. Increase in other Non-Current assets largely accounts to Capital & NetworkAcquisition Advances 268 Mn Decrease in Trade Payables of 1,201 Mn mainly due to EPC Project payablesof 1,081 Decrease in Trade Receivables by 1,403 Mn mainly due to EPC Projectreceivables of 1,858 Mn & Increase in Broadcasters Receivables 150 Mn41
Investor Conference Call Details42
Safe HarborThe information contained in this presentation is only current as of its date. All actions and statements made herein orotherwise shall be subject to the applicable laws and regulations as amended from time to time. There is norepresentation that all information relating to the context has been taken care off in the presentation and neither weundertake any obligation as to the regular updating of the information as a result of new information, future events orotherwise. We will accept no liability whatsoever for any loss arising directly or indirectly from the use of, reliance ofany information contained in this presentation or for any omission of the information. The information shall not bedistributed or used by any person or entity in any jurisdiction or countries were such distribution or use would becontrary to the applicable laws or Regulations. It is advised that prior to acting upon this presentation independentconsultation / advise may be obtained and necessary due diligence, investigation etc. may be done at your end. Youmay also contact us directly for any questions or clarifications at our end. This presentation contains certain statementsof future expectations and other forward-looking statements, including those relating to our general business plansand strategy, our future financial condition and growth prospects, and future developments in our industry and ourcompetitive and regulatory environment. In addition to statements which are forward looking by reason of context, thewords ‘may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, potential or continue andsimilar expressions identify forward looking statements. Actual results, performances or events may differ materiallyfrom these forward-looking statements including the plans, objectives, expectations, estimates and intentionsexpressed in forward looking statements due to a number of factors, including without limitation future changes ordevelopments in our business, our competitive environment, telecommunications technology and application, andpolitical, economic, legal and social conditions in India. It is cautioned that the foregoing list is not exhaustive Thispresentation is not being used in connection with any invitation of an offer or an offer of securities and should not beused as a basis for any investment decision.43
Mr. Piyush PankajBusiness Head - Cable TV &Mr. Bhavin SoniMr. Nachiket KaleChief Strategy Officer 91 98113 21102 91 98335 37225 91 99209 co.innachiket.kale@linkintime.co.in44
100% subscribers under Prepaid Model 40 Owned & Operated Channels No. 6 Private Wireline Broadband player High Speed Broadband upto 200 Mbps Home-pass of 4.70 Mn Uninterrupted connectivity through GPON Technology 75,000 km of Optical fibre network. BharatNet project (Phase-II, Gujarat) successfully delivered; connected .
