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Dish TV To Raise $200 M; Q2-11 ARPU Stable, Net Loss Down

DTH operator Dish TV will look to raise $200 million in funding, the company has informed the stock exchange. Dish TV, which yesterday reported its second quarter results, and continued improvement in terms of reduction in net loss, lays claim to a leadership position, and 27% incremental marketshare and 61% "contribution margin" in a six DTH operator market in India, which has now over 26 DTH million households. The Essel (Zee) group company reported revenues of Rs. 328.6 crore for the quarter ended September 30th 2010 (Q2-11), a year on year increase of 27.4% growth. Net loss for the company reduced to Rs. 45.2 crore from Rs. 56.2 for the corresponding quarter last fiscal, even as EBITDA improved to Rs. 52.3 crore, up 102% for the same period. Download: Financials | Press Release Dish TV said that it added 0.76 million…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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