Dish TV India adds 259,000 subscribers in 3Q 2016

Friday, October 28th, 2016 
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259 thousand net subscriber additions during the quarter. Closing net subscriber base of 15.1 million

NOIDA, India — Dish TV India Limited (Dishtv) (BSE: 532839, NSE: DISHTV) today reported second quarter fiscal 2017 consolidated subscription revenues of Rs. 7,288 million, up 11.9% Y-o-Y and operating revenues of Rs. 7,793 million, up 9.6% Y-o-Y.

India is now the world’s fastest growing economy. With rising disposable income and an ever increasing number of digital pay-tv households, it is also perhaps the most compelling market, worldwide, for DTH services. With another almost 2.8 million subscribers added in the second quarter of fiscal 2017, DTH households in the country have crossed more than the 90 million mark at a gross level.

In line with its strategy to go full throttle in the High Definition market, Dish TV introduced a new HD scheme enabling customers to opt for a HD box over a Standard Definition by paying an additional Rs. 120 only to get the HD hardware. Subscribers can now get started with HD by subscribing to pre-designed HD ala-carte packs worth Rs. 75 per month only in addition to their preferred standard definition package.