DEN Networks adds 1.7 million digital cable subscribers in 2015

Deployed ~1 million STBs in 3Q at an avg. rate of approx. Rs 900; DAS 3 digital subscribers ~3.5 million

NEW DELHI — DEN Networks, one of India’s largest cable MSOs with around 13 million subscribers, has announced results for the third quarter of its 2015-16 financial year. The company ended the quarter with 8.5 million digital subscribers, up 945,000 in the quarter and up by 1.67 million year-on-year.

Subscribers (Millions)

                             3Q'15  4Q'15  1Q'16  2Q'16  3Q'16
                             -----  -----  -----  -----  -----
Digital                        6.8    7.0    7.2    7.6    8.5

STBs (Millions)

                             3Q'15  4Q'15  1Q'16  2Q'16  3Q'16
                             -----  -----  -----  -----  -----
Total DAS 1 and 2 Markets      4.9    4.9    4.9    5.0    5.0
 DAS Phase 1 Markets          2.09   2.10   2.12   2.15   2.15
 DAS Phase 2 Markets          2.81   2.84   2.84   2.84   2.84

DAS 3 Markets                 1.94   2.09   2.25   2.58   3.52