With effect from May 1, 2002, the leading cable television companies of Mumbai have agreed to charge an average Rs 300 per subscriber per month. The hikes is being implemented as part of a two-slab rate structure linked to the locality and paying capacity of the subscriber, with Rs 300 being the lower slab and Rs 360 the ceiling.
All the leading cable TV companies of Mumbai - INcableNet, Hathway Cable & Datacom, Wincable, Siti Cable, and Seven Star Networks -- have decided to implement these rates.
According to industry sources, the consumers at large building societies in Mumbai have started opposing the hike.
The cable TV companies have also decided on a no-poaching agreement.
Source: Business Standard