Videocon d2h adds 0.23 million net subscribers in 3Q 2016

Gross subscribers and net subscribers increased by 0.59 million and 0.23 million subscribers, respectively, during the quarter; Net subscribers base stood at 12.52 million

MUMBAI — Videocon d2h Limited (NASDAQ: VDTH) (“Videocon d2h” or the “Company”) announced its financial results for the quarter ended September 30, 2016.

The Company added 0.59 million gross subscribers and 0.23 million net subscribers during the second quarter of fiscal 2017. Net subscribers totaled 12.52 million as of September 30, 2016. Churn came in at 0.95% per month for the quarter as compared to 1.19% during the same quarter last year.

Net Subscriber Base (millions)

                      FY16          FY17
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   Q1     Q2     Q3     Q4     Q1     Q2
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10.64  10.84  11.27  11.86  12.29  12.52