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
Analysts don't see big change in TV consumption in near to medium term
The direct-to-home operator saw PAT drop on account of tax expenses, though revenue grew at 7% and EBITDA was up 12%
However, shares of the company closed 0.43% up at Rs 93.90 on BSE
Despite consistent efforts, revenue per user has remained in a tight band for many quarters
In a new campaign, actor Shah Rukh Khan is seen pitching Dish TV as the flag-bearer of entertainment
Rate hikes and robust subscriber additions could boost average revenue per user