RJio eyes edging out SITI Cable, Bharti Airtel in cable and fibre play

After Jio's deal with Den and Hathway, Airtel will be left far behind with 2.5 million fixed broadband customers, most of them still connected by copper in the last mile

Reliance Jio’s proposed acquisition of a 25 per cent stake each in digital cable companies Den Networks and Hathway Cable & Datacom will provide the telecom firm access to over 20 million subscriber homes, giving it an edge over Bharti Airtel and SITI Cable in the cable and fibre-to-the-home (FTTH) broadband markets.

The move will help Jio and its partners grab over 23 per cent of the cable market, leaving Subhash Chandra’s SITI Cable a distant second with a mere 13.4 per cent share. SITI Cable has 11.7 million customers across 580 locations, but it has been able to add