DEN Networks Announces the Joining of Yugal Kishore Sharma as President, Broadband

DELHI, India - Sept. 16, 2013 - PRLog -- Mr. Yugal joins DEN from Tikona Digital Networks, a wireless broadband company with a 4G licence where he was the COO. Prior to Tikona, he has worked with Polycom Inc. as Regional Director – India and South East Asia. He has previously been associated with leading Indian and global firms like TATA Telecom Ltd., SIEMENS India, LG Electronics and PARSEC Technologies.

Mr. Y. K. Sharma brings with him his vast experience in the field of Consumer Technology. He has handled product businesses like Mobile Phones, VoIP CPEs, Wi-Fi, DECT, Bluetooth, Video endpoints and enterprise solutions such as Unified Communications (UC), Video-Collaboration (VC) & Tele-Presence.

Commenting on the appointment, Mr Sameer Manchanda, Chairman & Managing Director, DEN Networks, said, “We are delighted to welcome Yugal to the DEN team. Following the unprecedented success of digitisation with addressability, the focus for our industry now expands to providing true high speed broadband services and bundled double and triple play offerings to consumers. High bandwidth wired broadband is the next game changer for India and has the potential to revolutionise both media and communications industries in the country.”

Mr. S.N. Sharma, CEO, DEN Networks, said, “It is our pleasure to have a seasoned broadband professional like Yugal at the helm of the broadband vertical. DEN has been gearing up for its broadband foray over the last few months. We have already carried out proof of concept tests on DOCSIS 3.0 platforms and achieved speeds of 100 Mbps in controlled conditions which is far higher than what most broadband platforms are able to offer today. We now plan to take broadband across our digital subscriber base and offer consumers an unbeatable high speed data experience.”

DEN’s expertise in cable television coupled with its strong nationwide presence in an estimated 13 million homes and with 5 million digital cable subscribers provides it a strong platform to rapidly grow its broadband services. With the vision of offering double and triple play services to its subscribers, DEN has been investing heavily over the last few years to build a large fibre optic backbone through a combination of owned and leased fibre. Moreover, the existing cable going into the consumer home for digital cable TV is versatile enough to also provide high speed broadband giving the Company massive operating leverage for quick of deployment of its internet service.