MUMBAI: Star India and Hathway Cable & Datacom have told the Delhi High Court that they would amicably settle their disputes over payment of dues.
Following this Star has decided not to switch off signals of its group of channels to Hathway. On 7 June Star had served a one-month notice to the multi system operator (MSO) threatening to disconnect its channels if the dues were not cleared.
"We have mutually agreed to resolve the issue amicably. Meanwhile, Hathway has made part payment to us," says a Star spokesperson.
The case, which was admitted during the court vacations, was heard today. Hathway had last month filed a petition in the Delhi High Court, challenging Star India's claim of outstanding dues.
Sources say while Star's claim was Rs 470 million, Hathway was maintaining that it owed just Rs 40 million.
Star had moved the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) against Hathway.