About Asianet Satellite Communications
Asianet Satellite Communications is a company based in Thiruvananthapuram (India) founded in 1993 was acquired by Disney Star in March 2014.. Asianet Satellite Communications offers products and services including Asianet Fiber and Asianet Cable. Asianet Satellite Communications operates in a competitive market with competitors including Hathway Cable & Datacom, GTPL Hathway, DEN Networks, Indusind Media Communications and Wave Broadband, among others.
- Headquarter Thiruvananthapuram, India
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Sectors
Media & Entertainment
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Phone
*********
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Website
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Social
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- Legal Name Asianet Satellite Communications Limited
- Date of Incorporation 29 Sep, 1992
- Jurisdiction Thiruvananthapuram, Kerala, India
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Annual Revenue
$62.48 M (USD)6.58as on Mar 31, 2020
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Net Profit
$-800.4 K (USD)-137.99as on Mar 31, 2020
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EBITDA
$14.01 M (USD)-7.95as on Mar 31, 2020
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Disney Star
(Mar 13, 2014)
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Products & Services of Asianet Satellite Communications
Asianet Satellite Communications offers a comprehensive portfolio of products and services, including Asianet Fiber and Asianet Cable. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides high-speed fiber internet for unlimited connectivity.
Offers superior cable television viewing experiences.
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Funding Insights of Asianet Satellite Communications
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Asianet Satellite Communications
Asianet Satellite Communications has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Disney Star. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Entertainment, sports, and movies TV channels are operated in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Asianet Satellite Communications
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Asianet Satellite Communications
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asianet Satellite Communications Comparisons
Competitors of Asianet Satellite Communications
Asianet Satellite Communications operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hathway Cable & Datacom, GTPL Hathway, DEN Networks, Indusind Media Communications and Wave Broadband, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Internet and cable TV services are provided via broadband networks.
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| domain | founded_year | HQ Location |
Multi system operator providing cable TV and internet service.
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| domain | founded_year | HQ Location |
Cable TV and fixed-line internet services are provided.
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| domain | founded_year | HQ Location |
Multi-system operator services for cable TV and internet are provided.
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| domain | founded_year | HQ Location |
Fiber Optic Broadband Services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Asianet Satellite Communications
Frequently Asked Questions about Asianet Satellite Communications
When was Asianet Satellite Communications founded?
Asianet Satellite Communications was founded in 1993.
Where is Asianet Satellite Communications located?
Asianet Satellite Communications is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.
Who is the current CEO of Asianet Satellite Communications?
Murthy Chaganti is the current CEO of Asianet Satellite Communications.
What is the annual revenue of Asianet Satellite Communications?
Annual revenue of Asianet Satellite Communications is $62.48M as on Mar 31, 2020.
What does Asianet Satellite Communications do?
Asianet Satellite Communications is a MSO (multi system operator) for distribution of cable TV, digital TV, broadband internet service, video on demand and other value added services. Its broadcasting arm ACV owns six satellite TV channels. Its network is predominantly based in the state of Kerala. Its broadband internet service provider arm claims to have a subscriber base of over 1,25,000. Rajeev Chandrashekhars Jupiter EV had picked up 51 stake in Asianet in 2006 for INR 150 crore. Star India had formed a JV with Jupiter to create Star Jupiter, which was further broken into 4 companies. Star India completed the acquisition of Asianet in March 2014.
Who are the top competitors of Asianet Satellite Communications?
Asianet Satellite Communications's top competitors include Hathway Cable & Datacom, GTPL Hathway and DEN Networks.
What products or services does Asianet Satellite Communications offer?
Asianet Satellite Communications offers Asianet Fiber and Asianet Cable.
Who are Asianet Satellite Communications's investors?
Asianet Satellite Communications has 1 investor. Key investors include Disney Star.