Latest news with #ServiceProvider
Yahoo
2 days ago
- Business
- Yahoo
GTPL Hathway Ltd: Quarterly Revenue crosses ₹ 900 Cr., increases 7% Y-o-Y
AHMEDABAD, India, July 11, 2025 /PRNewswire/ -- GTPL Hathway Limited, India's largest Digital Cable TV Service Provider and a leading Broadband Service provider, announced its Financial Results for the Quarter ended June 30, 2025. Key Financial Highlights: Key Consolidated Business & Financial Highlights: Q1 FY26 (Y-o-Y Annual) Q1 FY26 Total revenue stood at ₹ 9091 Mn, a growth of 7% Y-o-Y EBITDA for Q1 FY26 was ₹ 1123 Mn with an EBITDA Margin of 12.4% & an operating EBITDA margin of 22% Q1 FY26 Profit After Tax stood at ₹ 105 Mn Particulars (₹ in million) Q1 FY26 Q1 FY25 Q4 FY25 FY25 Digital Cable TV Revenue 3,018 3,193 2,982 12,327 Broadband Revenue 1,359 1,348 1,358 5,456 TOTAL Revenue 9,091 8,506 8,989 35,072 EBITDA 1,123 1,205 1,144 4,625 EBITDA Margin (%) 12.4 % 14.2 % 12.7 % 13.2 % Operating EBITDA* (%) 22 % 23 % 22 % 22 % Profit After Tax 105 143 105 479 Operational Highlights Digital Cable TV Active subscribers were 9.60 Mn as of June 30, 2025 Paying subscribers stood at 8.90 Mn as of June 30,2025 Subscription revenue from Cable TV stood at ₹ 3018 Mn for Q1FY26 Broadband Increase in broadband subscribers by 20K Y-o-Y thus standing at 1050K Broadband revenue increased by 1% to ₹ 1359 Mn for Q1 FY26 Y-o-Y Homepass as on June 30, 2025, stood at 5.95 Mn – an addition of 50K Y-o-Y. Of the 5.95Mn, 75% available for FTTX conversion Broadband average revenue per user (ARPU) stood at ₹ 465 per month per subscriber, increased ₹ 5 Y-o-Y. Average data consumption per user per month was 410 GB, an increase of 17% Y-o-Y Commenting on the results, Mr. Anirudhsinh Jadeja – Managing Director, GTPL Hathway Limited, said, "It pleases me to report that the company has sustained its subscriber base across both our Cable TV and Broadband businesses, demonstrating operational resilience in a dynamically evolving and competitive industry landscape. This consistency reflects the strength of our customer relationships, the reliability of our service offerings, and the agility of our teams to adapt in a challenging environment. Looking ahead, the upcoming financial year will be pivotal for us. We are set to advance our capabilities in the distribution of television services, where we expect to realize tangible benefits over the medium term. Our long-term strategies remain firmly focused on sustainable growth, digital transformation, and delivering enhanced value to our customers. We continue to invest in upgrading our infrastructure, deploying emerging technologies, and innovating with consumer-centric solutions to meet the evolving demands of our subscribers. As the industry transitions, we remain optimistic about tapping into new opportunities while strengthening our core operations." About GTPL Hathway Limited GTPL Hathway Limited is India's largest MSO providing Digital Cable TV services and is one of the largest Private Wireline Broadband service providers in India. The Company is the largest Digital Cable TV and Wireline Broadband Service Provider in Gujarat & is a leading Digital Cable TV Service provider in West Bengal. The Company's Digital Cable TV services reach 1,500 plus towns across India in 26 states. The company enjoys an expansive network, comprising 48,000+ business partners, 200+ broadcasters, 1,750+ enterprise clientele, and active participation in 30+ government projects. The company offers an enviable catalogue of 975+ TV Channels with 130+ channels which are GTPL Owned & Operated Platform Services. As on June 30, 2025, the Company has 9.60 million Active Digital Cable TV Subscribers and 1.05 million Broadband Subscribers and a Broadband Home-pass of about 5.95 million. Safe Harbor Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company's operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof. Logo - View original content to download multimedia: Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
28-02-2025
- Business
- Yahoo
ION wins "Best Platform for Electronic Market Making" at Trading Tech Insight Awards Europe
LONDON, Feb. 28, 2025 /PRNewswire/ -- ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations, announces that ION's Fidessa solution has been named "Best Platform for Electronic Market Making" at Trading Tech Insight Awards Europe. The awards, organized by the A-Team group, celebrate excellence in trading solutions and services for capital markets and focus on vendors providing exceptional trading infrastructure, trading technology, and data solutions. Fidessa won the category as the platform offers numerous automation tools designed to support efficient market-making, allowing firms to manage their obligations while controlling their costs. Fidessa's key features include: Auto Quoting (AQ), which enables users to manage quotes across multiple markets, ensuring competitive pricing and compliance with various quoting obligations. Fidessa's Retail Service Provider Quoting (RSPQ), which allows users to automate the quoting process on the London Stock Exchange's Retail Service Provider system, handles diverse instruments and integrates retail analytics. Smart Quoting Assistant (SQA), which seamlessly integrates with RSPQ to deliver fast, and error-free quoting through customer's proprietary models. Robert Cioffi, Global Head of Equities Product Management at ION, said, "We are honored to be recognized as the 'Best Platform for Electronic Market Making' at Trading Tech Insight Awards Europe. In today's fragmented liquidity landscape, market-makers face increasing complexity in fulfilling their obligations. The Fidessa trading platform won this prestigious award as it addresses these challenges with numerous automation tools, allowing market makers to manage their obligations efficiently and cost-effectively." About ION ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit About ION Markets ION Markets provides transformative technology and solutions to financial institutions dealing in equities, fixed income, foreign exchange, cleared derivatives, asset management, and secured funding. Our award-winning end-to-end solutions simplify clients' operations by automating the full trade lifecycle, providing tools to manage risk, and maximizing access to liquidity, while giving real-time access to critical information required for timely operational decisions and execution on a global scale. For more information, visit About TradingTech Insight Awards Europe The annual awards celebrate excellence in trading solutions and services for capital markets and focus on vendors providing exceptional trading infrastructure, trading technology, and data solutions. For more information, visit All product and company names herein may be trademarks of their registered owners. View original content to download multimedia: SOURCE ION
Yahoo
10-02-2025
- Business
- Yahoo
Apps Associates Recognized in Elite 150 on CRN's 2025 MSP 500 List
BOSTON, February 10, 2025--(BUSINESS WIRE)--Apps Associates, an acclaimed global leader in enterprise application services, announced today that CRN®, a brand of The Channel Company, has recognized Apps Associates on its Managed Service Provider (MSP) 500 list in the Elite 150 category for 2025. This year's inclusion highlights Apps Associates' continued leadership and innovation in managed services, marking its first-time placement in the Elite 150 category. This distinction reflects Apps Associates' advancements in delivering comprehensive, scalable managed services tailored to meet the diverse needs of organizations across industries like Healthcare, Life Sciences, Manufacturing, High Tech, Energy and Utilities and more. Apps Associates' AppsAssurance Managed Services enable organizations to simplify IT operations, optimize returns on technology investments, and achieve operational excellence. Their systematized process includes development accelerators, reporting packs, and IP solutions designed to help clients maximize efficiency and achieve long-term success. Key Tools include: WatchDog Diagnostics: Optimizes performance and maximizes Oracle investments by identifying critical conditions. AppsDetect: Delivers real-time monitoring of infrastructure, applications, and third-party integrations. AppsAccelerate for Oracle Reports: Provides faster, secure access to critical insights while maintaining compliance. Apps License SafeGuard: Maximizes Oracle licensing investment by monitoring and optimizing subscription consumption. The MSP 500 list compiled by CRN serves as a comprehensive guide to identifying and recognizing the top Managed Service Providers (MSPs) in North America. MSPs play a crucial role in supporting businesses by offering managed services that enhance efficiency, simplify IT solutions, and optimize return on investment. "We at Apps Associates are proud to enable our clients' growth and innovation by providing strategic, tailored technology management. Our AppsAssurance Managed Services have become a key driver of operational efficiency, allowing our clients to thrive in today's rapidly evolving business environment," said Adrian King, CEO of Apps Associates. "This recognition from CRN highlights our dedication to building trusted partnerships and delivering measurable value as we guide our clients through their digital transformation journeys." "The solution providers on our 2025 MSP 500 list deliver innovative managed services portfolios that enable clients of every size to be more agile and optimize their IT budgets as they grow their business," said Jennifer Follett, VP of U.S. Content and executive Editor CRN, at The Channel Company. "These are the companies that anticipate client tech needs and develop groundbreaking services and solutions that let customers focus on their core business so they can accelerate success." The MSP 500 list will be featured in the February 2025 issue of CRN and online at About Apps Associates Apps Associates is a premier enterprise applications and technology advisor, counseling and executing across every stage of the enterprise transformation journey—not just the destination. For more than two decades, Apps Associates has closely collaborated with decision makers across nearly every industry, offering end-to-end integration, modernization, and cloud migration services. By helping to break down the silos within today's most complex business challenges, Apps Associates is unlocking solutions and efficiencies that scale into future opportunities. To learn more about how Apps Associates can help you align your business with the right technology, visit: or follow Apps Associates on social media on LinkedIn and YouTube. About The Channel Company The Channel Company (TCC) is the global leader in channel growth for the world's top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit Follow The Channel Company: LinkedIn, X, and Facebook. © 2025 The Channel Company, Inc. CRN is a registered trademark of The Channel Company, Inc. All rights reserved. View source version on Contacts Apps Associates Contact Carla RoddyApps The Channel Company Contact: Kristin DaSilvaThe Channel Companykdasilva@ Sign in to access your portfolio
Associated Press
29-01-2025
- Business
- Associated Press
Ingressum Joins Vanta's Managed Service Provider Partner Program
Ingressum, announced today that it has joined Vanta, the leading trust management platform, Managed Service Provider (MSP) Partner Program. / -- ' Ingressum is excited to form this partnership with the leader in trust management. Ingressum and our customers appreciate that it takes concerted effort to implement their desired security frameworks and equally to maintain that elevated level of preparedness across future audits. The Vanta platform plays a crucial role in automating the entire process and successfully completing security audits with less effort and time,' said Con Nikolaou, Managing Principle, GRC Vanta is the leading trust management platform that helps simplify and centralize security and compliance for organizations of all sizes. Over 9,000 companies including Atlassian, Chili Piper, Flo Health and Quora rely on Vanta to build, maintain and demonstrate their trust—all in a way that's real-time and transparent. Ingressum helps organizations increase their cyber resilience by strengthening their information security and compliance journey through a comprehensive suite of services to maintain the security of their organization, internal users and external customers including protection of their digital brands. 'We're thrilled to welcome Ingressum to our MSP Partner Program, which offers the fastest and simplest approach to continuous security monitoring and automated compliance for managed service providers,' said Elliot Goldwater, VP of Partnerships, Vanta. 'By putting Vanta's market-leading platform as the cornerstone of their security managed service offering, Ingressum can expand their clients' security with trust management, while building their own competitive advantage.' At the foundation of the MSP Partner program is Vanta's trust management platform that simplifies and centralizes security program management by providing full visibility into an organization's risk. Vanta enriches those findings with contextual data, and helps organizations remediate issues and track progress as a single source of truth for their security posture. Vanta's MSP Partner Program features a multi-tenant management console, world-class partner support and flexible billing integration — making it seamless for partners to deliver value to their clients while scaling up their business. For more information about Vanta's MSP Partner Program, visit: Vanta's Service Provider ecosystem strengthens customers' security posture by partnering with the most prominent virtual Chief Information Security Officers, managed security service providers, and advisory/consulting firms. With Vanta as their foundational tool, partners are able to offer an expansive breadth and depth of security offerings, increasing overall client satisfaction. Ingressum is an innovative ICT and security service provider focused on delivering practical and effective outcomes to organizations. Ingressum provides expertise in a diverse range of business technologies, offering comprehensive solutions in Managed IT Services, Compliance and Certification. Our proficiency spans an array of crucial areas, ensuring seamless integration and optimization of technology to meet the evolving needs of your business. Con Lokos Ingressum (Australia)
