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Who Owns Hathway Cable? Rajan Raheja Group, Broadband Pivot & MSO Story

Last verified Jun 18, 2026 · sources cited at end of post
By 1 min read
owner of Hathway Cable & Datacom Ltd Wiki logo
owner of Hathway Cable & Datacom Ltd Wiki logo

Hathway Cable and Datacom Ltd is one of India’s largest cable TV and broadband internet service providers, operating an extensive hybrid fiber-coaxial (HFC) network across major Indian cities. It is a publicly listed company controlled by the Jain family (Rajan Raheja Group), and has pivoted significantly from pure cable TV towards broadband internet in the Jio era.

Hathway Cable — Key Facts (2026)
Full NameHathway Cable & Datacom Ltd
ListedBSE: 533162 | NSE: HATHWAY
PromoterRajan Raheja Group (Jain family) ~67%
ServicesCable TV (MSO) + Broadband internet
HQMumbai, Maharashtra

Who Owns Hathway Cable?

Hathway Cable & Datacom Ltd is majority-controlled by the Rajan Raheja Group — the Mumbai-based conglomerate of the Jain family (Rajan Raheja). The promoter group holds approximately 67% of Hathway’s listed equity. The remaining ~33% is public float on BSE and NSE. The Rajan Raheja Group has diverse interests in paint (Berger Paints), real estate, and media. See also: DEN Networks, SITI Cable.

ShareholderTypeStake
Rajan Raheja Group (Jain family)Promoter~67%
Public / institutional investorsListed float BSE/NSE~33%

History of Hathway Cable

Hathway was one of India’s first Multi-System Operators (MSOs) — companies that aggregate cable TV signals and distribute them via a network of Local Cable Operators (LCOs). It built one of India’s most extensive HFC cable networks across Mumbai, Pune, Delhi, and Bengaluru. When Jio’s broadband disrupted cable TV revenues, Hathway pivoted aggressively to broadband — using its existing cable infrastructure to deliver high-speed internet. Hathway Broadband now competes against Jio Fiber and Airtel Xstream in the wired broadband segment.

Key Milestones

YearMilestone
1990sHathway founded as cable MSO by Rajan Raheja Group
2010Lists on BSE and NSE
2016Jio disruption accelerates cable TV subscriber decline
2017–26Pivots to broadband internet; competes with Jio Fiber, Airtel Xstream

2 comments

  1. Dear sir,
    I Ramesh Jambhekar a retired person age 80 , by error paid Rs 23480/instead of Rs 2348/- while online renewing the subscription .My account no is 1124143619.
    The transaction ref is R16923369.The company has agreed to Refund with service request ID 17022019W570736.
    We have been exchanging the Emails but nobody tells me when I will get refund.I am a senior citizen age 80.I shall be oblidge if u arrange to give me refund in my account SCB Credit card.Thanks a lot.
    Ramesh Jambhekar

  2. I paid renewal payment of 297.36 for VC # 000077553097 on 15-5-25 at about 9 pm. For my Hathaway account. But as in 21 night my cable has not started. Yr manager in charge Mr. Bhushan Mahtre knows the details of my payment’s, but he has not done anything to get it started. Mr. Duggalus is also not responding. I don’t know whom to complaint. Pl help me.

    I hv never suffered so much of abuse. Mr. Rocky was better manager than the present one.
    If I hv contacted the right person than respond and otherwise Pl send my message to the concerned person. Tarun Sheth- cell # 9322212909.

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