GTPL Hathway awards IR and FPR mandates to Dickenson
GTPL Hathway awards Dickenson for Integrated Capital Market Communications (IR & FPR Services)
MUMBAI, 26th August, 2017: GTPL Hathway Limited (GTPL) has signed up Dickenson for an integrated financial communication mandate comprising Investor Relations Advisory (IR) and Financial PR (FPR). The end-to-end IR mandate of the Company encompasses several deliverables including market positioning and collateral preparation; Institutional & HNI access; and IR analytics and perception feedback review. The FPR engagement involves media centric communication advisory, story development and dissemination. “More and more, corporates are seeing the value of these two distinct and critical services coming out of under one roof – a clear differentiator in Dickenson’s favour,” explained Mehul Mehta, President of Financial PR practice.
Dickenson will work closely with GTPL Hathway to improve the general awareness of the company’s vision and assist in articulating its investment case to institutional and retail investors. According to Manoj Saha, Dickenson Seagull IR’s Managing Director, GTPL Hathway has a strong investment case given India’s digitisation drive. “GTPL Hathway is India’s leading cable TV and broadband distribution company with 8 million households in over 169 cities across 10 states. In Cable TV market, GTPL is already the largest MSO in Gujarat; the second largest player Kolkata with a 67% marketshare; and a leading player in Howrah with a 24% market share. The company stands to benefit from the Phase III and IV digitisation plans, which will transform Cable TV viewing for the entire country. GTPL has established homepass all over Gujarat to further augment their broadband business. Monetisation from the Phase III and IV cable digitisation, and the conversion of homepass to active broadband users, will drive GTPL valuations,” he said.
About GTPL Hathway Limited
GTPL Hathway (BSE: 540602 | NSE: GTPL
GTPL Hathway is India’s leading cable TV distribution company reaching an estimated 8 million households in over 169 cities across 10 states in India with presence in Maharashtra, Gujarat, Rajasthan, West Bengal, Jharkhand, Bihar, Madhya Pradesh, Andhra Pradesh, Telangana and Assam. GTPL Hathway is the largest MSO in Gujarat with a 67% share of the Cable TV market and is the second largest player in the cable market of Kolkata and Howrah with a 24% market share. GTPL Hathway has a significant presence in all other markets that it operates in.
About Dickenson IR/FPR/AR
Dickenson is amongst India’s foremost Investor Relations & Financial PR specialists. Based in Mumbai and London, the Financial Communications specialist represents mid-to-large cap listed companies for its engagement with the capital marketplace and the financial media. Dickenson Group’s USP is its ability to deliver an integrated communications solution straddling across Institutional IR; Financial PR; and Corporate Reporting (AR).
For more information on GTPL Hathway or Dickenson IR/FPR, please contact:
Investors/Buy & Sell Side Relations:
Ravindra Bhandari – Associate Director,
Dickenson Investor Relations
Mehul Mehta – President Financial PR
Dickenson Financial PR
Nida Mukadam, Consultant – Business Development, Dickenson Markets
Tel: +91 22 66276509