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Dish TV now has 2.3 crore subscribers, 3 quarters after the Videocon merger

Dish TV added 200,000 subscribers the quarter ending September 2018, with a net subscriber base of 2.35 crore. Note that before the merger with Videocon in the last fiscal, the company had 1.6 crore subscribers (Q3FY18). The company is yet to launch the OTT service which it had announced at the end of FY2017-18. Dish TV says it will also launch a 'SMRT Stick' with which TV owners will be able stream cable and OTT content. In numbers Subscription revenue: Rs 1453.6 crore, a fall of 2% QoQ, slightly impacted by lack of major sports events like those in Q1. Operating revenue: Rs 1594.3 crore, a fall of 3.6% QoQ ARPU: Rs 207, up marginally by 3% at Rs 207 from Rs 201 last quarter, although it was sequentially lower. Note that prior to the merger, Dish TV’s standalone ARPU was Rs 144. EBITDA: Rs 540 crore, also down by 2.8% QoQ Profit after Tax: 19.7 crore, a substantial fall of 22% from Rs 25.5 crore last quarter Net subscriber additions in Q1: 300,000 Financial numbers are not comparable with the previous year since Videocon D2H merged with Dish TV in March this year. This is the third quarterly report since the merger. New OTT platform As we have pointed out before, it is strange that Dish TV is launching its own OTT platform, given that its promoter Zee Group has its own OTT platform Zee5. Dish TV's OTT platform will supposedly offer content through both "traditional and streaming" media: "Our confidence…

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