Dish TV India adds 317,000 net subscribers in 4Q 2015

Wednesday, February 3rd, 2016 
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317 thousand net subscribers added during the quarter. Total subscriber base of 14.0 million at the end of the period

NOIDA, India — Dish TV India Limited (Dishtv) (BSE: 532839, NSE: DISHTV) today reported third quarter fiscal 2016 consolidated operating revenues of Rs.7,715 million, up 11.8% Y-o-Y and subscription revenues of Rs.7,111 million, up 12.6% Y-o-Y.

Talking about digitization and Dish TV’s positioning, Mr. Jawahar Goel, Managing Director, Dish TV, said, “We continued to build our pan-India reach during the quarter. However, as expected, despite analog sunset there was no real spike in consumer demand from Phase 3 markets thus making it an ordinary quarter from that perspective. Later, changing gears to align with the current industry trend, we tweaked our subscription packages to a more versatile and seemingly economical offering. Mandatory digitization however is expected to pick up speed and our key focus going forward would be to gain market share both in terms of subscribers and profitability.”

Enhancing value proposition and providing the maximum and best in entertainment to its subscribers, Dish TV further enriched its high-definition (HD) bouquet with the addition of new HD channels thus taking the total HD channel count to 50, the highest in the industry.