Cable Operator Hathway Files For IPO, Challenges

 Following competitor DEN Network, cable operator and ISP Hathway Datacom has decided to go public and filed a draft Red Herring prospectus with the SEBI on January 27, 2010. Subscriptions will open on February 7 and close on February 11, 2010. DEN’s IPO received only a lukewarm response (grade 3 IPO) from the markets, [...] More at MediaNama.com