Hathway Cable And Datacom Acquires Remaining 49 Percent Stake In Channel 5

Introduction

Hathway Cable and Datacom Ltd, one of India’s leading cable TV and broadband service providers, has consolidated its ownership in Channel 5 by purchasing the balance 49% equity stake. This acquisition marks a significant step in Hathway’s strategy to streamline operations and enhance its broadcasting footprint.

Strategic Importance

With full ownership of Channel 5, Hathway gains complete operational and financial control. The move is expected to improve efficiency, strengthen content delivery, and allow the company to leverage synergies across its cable and broadband businesses.

Market Implications

Industry experts believe the acquisition will help Hathway sharpen its competitive edge in India’s fast-evolving media and entertainment sector. Full ownership enables the company to expand programming, negotiate better advertising deals, and integrate digital services more effectively.

Financial Details

The acquisition was completed for a consideration of ₹40,000, according to official filings. While modest in value, the transaction is strategically significant as it consolidates Hathway’s broadcasting portfolio. 

Key Highlights

•⁠  ⁠Hathway Cable and Datacom Ltd acquires remaining 49% stake in Channel 5

•⁠  ⁠Channel 5 becomes a wholly owned subsidiary of Hathway

•⁠  ⁠Acquisition completed for ₹40,000 on April 13, 2026

•⁠  ⁠Move strengthens broadcasting and cable distribution operations

•⁠  ⁠Expected to improve efficiency, content delivery, and competitiveness

Sources: Hathway Cable & Datacom Ltd filings, Prysm Finance, MarketScreener