GTPL Hathway ropes-in Verimatrix for secure Sweeping Android TV Rollout; Stock slips 2%

25 Mar 2022 , 01:50 PM

GTPL Hathway Limited (GTPL), India’s leading Digital Cable TV and Broadband Service provider, announced its partnership with Verimatrix to onboard its Video Content Authority System (VCAS) to protect its Google Android TV-based DVB Hybrid set top box. Verimatrix (Euronext Paris: VMX) is the leader in powering the modern connected world with people-centered security.

Verimatrix VCAS is designed as a future-proof and scalable security solution for premium video content. Its DVB Hybrid offers GTPL an unmatched combination of protection and flexibility as delivery methods expand and evolve throughout India.

At around 1.52 pm, GTPL Hathway Ltd was trading at Rs189.60 per share down by Rs4.05 or 2.09% from its previous closing of Rs193.65 per share on the BSE.

Commenting on the Verimatrix technology, Anirudhsinh Jadeja, Managing Director, GTPL Hathway, said, “Verimatrix is a time-tested content security leader in the market that offers unprecedented ease of deployment and gives us the confidence that we will be ready to easily adapt as our offerings progress. By selecting Verimatrix as our security provider, we gain much more than just studiocompliant protection — GTPL gains enhanced workflow and integration options as well as the reliability that we’re ready to rapidly scale up new subscribers across our areas of operation, to any additional devices we choose later, with a single security platform.”

Asaf Ashkenazi, Chief Operating Officer and President at Verimatrix said “We are extremely pleased to announce GTPL Hathway as one of our latest customers. GTPL’s large customer base in India is provided a frictionless premium entertainment experience while their operators harness the full power of Verimatrix’s security innovations and award-winning customer support behind the scenes — ensuring GTPL is armed with the peace-of-mind it demands today and the performance and scalability it expects for tomorrow.”