Dish TV India adds 508,000 subscribers in 1Q 2016

Monday, May 23rd, 2016 
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508 thousand net subscriber additions during the quarter (ended March 31, 2016). Closing net subscriber base of 14.5 million

NOIDA, India — Dish TV India Limited (Dishtv) (BSE: 532839, NSE: DISHTV) today reported fourth quarter fiscal 2016 consolidated subscription revenues of Rs. 7,410 million, up 12.6% Y-o-Y and operating revenues of Rs. 7,993 million, up 9.5% Y-o-Y.

Dish TV had record subscriber additions during the fourth quarter. Dish TV so far is the only company in the Indian DTH sector to have achieved net profitability. Fiscal 2016 was the second full year of net profit for the company.

The company added 8 new channels to its platform during the month of April 2016 taking its total offering size to more than 525 channels and services. To further enhance the digital TV experience for subscribers and build an affordable and fast deployment model for itself, Dish TV selected Wyplay’s Frog as the Middleware for its next generation Set-Top-Boxes. Wyplay is an HTML5 browser based system and incorporates all features required for traditional linear broadcast TV consumption, on-demand content and applications distributed over the internet.