Investments to the tune of at least Rs 400 crore will be stuck if the government decides to postpone the implementation of the conditional access system (CAS).
Cable operators and cable network companies have invested heavily in making their networks CAS-ready. There are about 80,000 set-top boxes imported by various companies currently staked up in warehouses across the country and this number is expected to go up to at least 125,000 in the next three months.
The largest investors are cable network companies like Hinduja TMT, Hathway and Siti Cable. It is not just the large cable network companies, but cable operators also have had to spend at least Rs 25 lakh to convert equipment in each cable head-end.
Hinduja TMT