GTPL Hathway overtakes Tata Play to become India’s largest TV distributor by revenue in FY26

GTPL Hathway has unexpectedly outperformed Tata Play in revenue in India's television distribution sector, even though it maintains a smaller active cable subscriber base. Both segments, cable and DTH, are facing challenges due to the growing popularity of streaming platforms. GTPL's expansion efforts include launching a new HITS service and making strategic acquisitions, while the DTH market continues to decline in active pay-TV subscriptions.