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Ortel’s Q3 activation rev up, Ebitda at Rs 19 cr

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In the quarter running through the deadline for implementation of digital addressable system (DAS) in Phase III, Ortel Communications has reported strong activation revenue due to higher set-top box (STB) seeding while its operating profit grew by 8.4 per cent on a quarter-on-quarter (QoQ) basis. Carriage revenue in the fiscal third quarter stayed almost flat from the preceding quarter. In the year-ago period, carriage income grew by 48 per cent. Programming cost decreased 3.3 per cent on a...

Ortel’s Q3 activation rev up, Ebitda at Rs 19 cr

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