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Dish TV Arpu Slips, Adds 0.4M Customers; Net Losses Down 18.8%

DTH company Dish TV by the Essel Group has experienced a further dip in subscription ARPU to Rs. 139 from Rs. 141 due to addition of many subscribers on the one year package last year, which compressed the annual average ARPU - they will be renewing their subscriptions next month. "They were paying just Rs. 65, as against minimum Rs. 125, which is the normal renewal ARPU. It should improve from next quarter," said Jawahar Goel, Head of Business, Dish TV, in the earnings call. Dish also recorded lower additions at 0.4 million connections in the quarter ending September 2009, compared to the previous quarter, when it added 0.44 million subscribers. The reason for decline in subscriber addition prior to October was termed as a "pre-season readiness effort". Dish would add over 2 million customers in total for the full year. The company's gross subscriber base is 5.91 million, out of the 15.17 million DTH connections in the country. Details: Release | Financials | Conference Call Financials Dish has reported an 18.8% fall in net losses to Rs. 561.33 million, which is a 63.58% drop year on year. Its EBITDA  (minus depreciation) rose 6% to Rs. 730 million compared to last quarter. Calling it an extension of momentum from Q1 into Q2, Subhash Chandra, Chairman, Zee Group said, "The last quarter has been in the minimum of operating losses and that Dish TV is EBIDTA positive for the third quarter in continuation." Revenues for the quarter ended Sep 09 grew…

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