Hathway Cable and Datacom has appointed Gurjeev Singh Kapoor as its new Chief Executive Officer, marking a significant leadership change at one of India’s leading cable and broadband service providers. The transition comes at a time when the cable television industry is undergoing structural shifts driven by the rapid growth of digital and streaming platforms.
Kapoor will take over from Tavinderjit Singh Panesar, who is set to retire in August after serving in multiple leadership roles at the company, including as CEO since 2023. The leadership transition is expected to ensure continuity while also bringing fresh strategic direction as Hathway navigates a highly competitive and evolving media landscape.
Bringing over three decades of experience in the media and entertainment industry, Kapoor most recently served as Head of Distribution and International at Star India, now part of JioStar. His career spans key roles in television distribution and affiliate partnerships, with previous stints at Sony Pictures Networks India, Discovery Communications, and Zee Entertainment.
The appointment comes at a challenging time for the cable sector, which is facing increasing pressure from OTT platforms and telecom-backed broadband services. Industry trends indicate a steady decline in traditional pay-TV households, with estimates suggesting a further reduction of 30 to 40 million homes by 2030, reflecting changing consumer preferences, and viewing habits.
Hathway’s financial performance also reflects these pressures, with the company reporting a consolidated net profit of Rs 93 crore for FY25, down from Rs 99 crore in the previous year, while revenue rose to Rs 2,040 crore from Rs 1,981 crore. As of December 2025, the company had around 4.7 million cable TV subscribers and approximately 1.02 million broadband users.
Kapoor’s appointment is expected to play a crucial role in shaping Hathway’s strategy as it adapts to the ongoing digital disruption, strengthens its broadband offerings, and repositions itself in a market increasingly dominated by streaming and integrated telecom services.
