wordpress blog stats
Connect with us

Hi, what are you looking for?

, , , ,

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 of the 2.8 million subscribers added by the industry during the quarter; its gross subscriber base crossed 8 million during the quarter, and the company says in less than six months of this fiscal, it added 1 million new subscribers, 57% more than what it added during the same period last fiscal. It is now targeting 3 million subscribers this fiscal. Subscriber churn for the company remained constant at 0.7% per month. ARPU for the company remained stable at Rs. 139, and DishTV said that it is attempting to push up ARPU levels: it announceda price hige across two packs at the end of the quarter, which will impact returns…

Please subscribe/login to read the full story.
Written By

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.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ