The company has a customer base of 23.9 million and had added around 200,000 new customers in the first quarter of the current fiscal year
Bharti Airtel, Warburg Pincus to buy Jawahar Goel's 58% stake at Rs 45-50 a share
Shares of Dish TV India hit a 10-year low of Rs 19.10, down 15 per cent on the NSE in intra-day trade.
The shares were purchased at an average price of Rs 71.3, valuing the transaction at Rs 926.9 million, the data showed
On March 22, 2018, Videocon d2h Limited had merged with and into Dish TV India Limited
A new distribution model is helping the direct-to-home player expand its network in rural India while keeping overhead costs low
Dish TV would retain both brands to leverage their strengths and is looking at benefits worth Rs 5 bn from synergies in first year itself
Competition may affect in long run, merger synergies should be studied in coming quarters, say analysts
Shares of Dish TV were trading 2.98 per cent higher at Rs 76 apiece on the BSE on the morning trade
A meeting of the board of directors of the company is scheduled to be held on Monday to consider and initiate necessary incidental actions in relation to the scheme of arrangement for the merger
DTH operator added 188,000 subscribers on a net basis during the September quarter, taking its total subscriber base to 15.9 million; Arpu at Rs 149
Dish TV has asked the cricket regulator to ensure fair auction of IPL telecast rights
Direct-to-home service provider Dish TV sawdecline in revenue for the first quarter of the current fiscal, ended June 30.Revenue was down 5.1 per cent year on year from Rs 778.6 crore in Q1FY17 to Rs738.9 crore this year. Subscription revenue reduced by 5 per cent in thequarter under consideration at Rs 691.7 crore as compared to Rs 728.2 crore inthe same quarter last fiscal. Consequently, EBITDA was down 22.9 per centfrom Rs 261 crore in the first quarter of the previous to Rs 201.2 crore inQ1FY18. Dish TV reported net loss of Rs 13.9 crore in Q1FY18, as compared to aprofit of Rs 36.1 crore last year. Average revenue per user (ARPU) grew 10.4per cent Q-o-Q and was recorded at Rs. 148. The company said that going forward, ARPUs should get a tailwind asmajor MSOs (multi system operators) have started adopting the prepaid model forrevenue collection. Direct collection should help correct certain anomalies inthe business model of MSOs, thus helping lift overall industry ARPUs. The ...
The merged entity will be renamed as Dish TV Videocon Ltd
Cost and reach benefits from merger with Videocon d2h only trigger
Revenue growth slows as subscriber addition becomes a challenge in light of demonetisation
Benefits will be visible a year from now
Will create India's largest media entity; existing brands to continue; transaction expected to close in 2nd half of 2017
Subhash Chandra's Essel Group will have 55.4% stake; new company to have revenue of up to Rs 5,916 cr
Consolidated subscription revenue was Rs 728.8 crore, up 11.9 per cent