India’s largest direct to home television services operator Dish TV added 0.40 million net subscribers for the quarter ended March 31, 2014, a shade below the 0.41 million additions in the previous quarter, but well above the 0.23 million net additions in the same quarter last year. Highlights - Average Revenue Per User: The average revenue per user (ARPU) for Dish TV increased to Rs 179 from Rs 177 in the previous quarter and from Rs 170 in the same quarter last year. - The subscription revenues for the quarter were at Rs 682.8 crore, up 24.4 % year-on-year (YoY). On a sequential basis, it grew by 4.18% from Rs 655.4 crore last quarter. - Churn remained flat sequentially at 0.7% for the quarter. Pack prices increased by Rs 10: Dish TV MD Jawahar Goel said that all Dish TV pack prices have been increased by Rs 10 in all 42 cities under Phase 1 & 2 digitization markets. This increase in price was first introduced in Delhi, Mumbai, Pune and Kolkata, and later extended to the other 38 cities covered under Phase 1 & 2. Goel also said that increase in pack prices, higher HD uptake and certain industry-level developments like initiation of packaging in cable will ensure increase in ARPU. Non-core business transferred: On April 1, 2015, Dish TV transferred its non-core business, which includes set-top boxes, dish antenna and related services, to its wholly owned subsidiary Dish Infra Services Private Limited. From the current quarter, the consolidated quarterly financials of Dish Infra Services will be…
