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.
| Full Name | Hathway Cable & Datacom Ltd |
| Listed | BSE: 533162 | NSE: HATHWAY |
| Promoter | Rajan Raheja Group (Jain family) ~67% |
| Services | Cable TV (MSO) + Broadband internet |
| HQ | Mumbai, 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.
| Shareholder | Type | Stake |
|---|---|---|
| Rajan Raheja Group (Jain family) | Promoter | ~67% |
| Public / institutional investors | Listed 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
| Year | Milestone |
|---|---|
| 1990s | Hathway founded as cable MSO by Rajan Raheja Group |
| 2010 | Lists on BSE and NSE |
| 2016 | Jio disruption accelerates cable TV subscriber decline |
| 2017–26 | Pivots to broadband internet; competes with Jio Fiber, Airtel Xstream |
2026 Update: New CEO, Divesting Non-Core Stakes
Hathway Cable, majority-owned by Reliance Industries since a roughly ₹2,940 crore stake purchase in 2018, appointed media veteran Gurjeev Singh Kapoor (formerly of Disney Star, ESPN, Discovery, and Sony) as COO and CEO-designate, effective April 2026. The company has also been streamlining its portfolio, divesting stakes in four subsidiaries and associates for about ₹40 crore.
Related Reading
Hathway competes with fellow cable MSO SITI Networks, and with broadband provider YOU Broadband.