Dish TV India adds 416,000 net subscribers in 4Q 2014

NOIDA, India — Dish TV India Limited (Dishtv) (BSE: 532839, NSE: DISHTV) today reported third quarter fiscal 2015 results.

Dish TV added 416,000 net subscribers during the quarter to finish with a net subscriber base of 12.5 million at December 31, 2014.

In view of the Government’s ‘Make in India’ campaign Dish TV has been exploring possibilities for domestic manufacturing of Set-Top-Boxes (STB). “We are closely watching the turn of events and would take a decision basis the tax regime for local manufacturing that might be modified by the government in the days ahead. Our proposed subsidiary Dish Infra Services (Private) Limited will be instrumental in deriving efficiencies from hardware operations,” Mr. Jawahar Goel, Managing Director, Dish TV said.