Stating that the service is targeted at the mass market, company officials said: "Docsis 3.0 is a widely deployed and dominant broadband network technology (capable of delivering speed upto 1 gigabit) which powers leading broadband markets like the USA, Korea and Europe.
They said "the 50 Mbps Docsis 3.0 broadband starts with the monthly price of Rs 733. A complete portfolio of 50 Mbps plans is being launched to cater to residential and corporate customers."
Hathway will continue to invest in expanding the ultra high speed broadband network in other parts of the country, he added.
The company today also announced the launch of 151 additional Standard Definition (SD) channels and four new High Definition channels (HD) to their existing cable TV distribution network in Bangalore and Mysore.
Hathway also introduced its new HD digital set top box, which will deliver high quality HD video with Dolby sound technology.