I agree reliance is biggest threat . But that does not mean one cannot survive them. The only way Hathway can survive the muscle power is to create a niche for its with better customer experience and niche offering. Reliance even though has lot of money it disposal they will take time to expand. Even though you have lot of money you still take time build roads . The market in broadband is at very nascent stage and this market is going to expand as more devices in the house needs to be supported by internet. As compared to US the broadband business currently is small. So Hathway has enough room to grow their customer base. Instead of dish tv i would bet on Hathway as they been trying to better their customer experience and thats pretty evident based on their focus fiber broadband . Based on the conference call Rajan has been stating their focus has been improving customer experience rather than competition . I too believe that is only way to survive in David vs Goliath battle is to create a niche for yourself and better customer experience. I have seen Hathway has taken few steps in this direction.I would bet on Hathway TV as fiber optic broadband is the future and Hathway has put effort in improving its customer experience. I agree with Kenneth there will more than one player in the broadband and it cant be a monopoly business.You never know tomorrow someone with same muscle power as reliance may fund Hathway.
Views may be Biased
Disc: Invested.