DEN Networks deploys 1 million STBs in 1Q 2016

Deployed ~1 million STBs in 4Q; DAS 3&4 ~4.4 million. Total digital base – 9.4m

NEW DELHI — DEN Networks, one of India’s largest cable MSOs with around 13 million subscribers, has announced results for the fourth quarter of its 2015-16 financial year which ended on March 31, 2016. The company ended the period with 9.4 million digital subscribers, up around 1 million in the final quarter.

Subscribers (Millions)

                             3Q'15  4Q'15  1Q'16  2Q'16  3Q'16  4Q'16
                             -----  -----  -----  -----  -----  -----
Digital                        6.8    7.0    7.2    7.6    8.5    9.4

STBs (Millions)

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

DAS 3 Markets                 1.94   2.09   2.25   2.58   3.52   4.40