Monday 31 March 2014

TDSAT orders Hathway Cable to pay Rs 37.5 crore to MediaPro

The Telecom Dispute Settlement and Appellate Tribunal (TDSAT) on 29th March has directed multi-system operator (MSO) Hathway Cable & Datacom to pay Rs 37.5 crore, as subscription fee dues to content aggregator MediaPro.   
The Tribunal has directed MSO to pay the dues in two installments. The first installment of Rs 17.5 crore is to be made before 31 March. The balance amount of Rs 20 crore ( Rs 200 million) will have to be paid by 10 April. 
Hathway and MediaPro have been locked in a battle over the quantum of subscription fee dues. While MediaPro argued that the MSO owed Rs 49 crore ( Rs 490 million) in dues, Hathway contended it owed only Rs 25 crore ( Rs 250 million) to the content aggregator. 
MediaPro issued disconnection notices to Hathway when the two parties failed to reach an agreement on the outstanding dues. The dues are for a period of three months. 
Aggrieved by the disconnection notice, the MSO had resorted to the TDSAT and filed eight separate petitions with the tribunal, seeking relief from the disconnection threat issued by MediaPro for non-payment of dues.

Source: http://cablequest.org/news/national-news/item/4509-tdsat-orders-hathway-cable-to-pay-rs-37-5-crore-to-mediapro.html
Source: http://cablequest.org/news/national-news/item/4509-tdsat-orders-hathway-cable-to-pay-rs-37-5-crore-to-mediapro.html

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