Videocon d2h adds 0.25 million net subscribers in 4Q 2016

MUMBAI — Videocon d2h Limited (NASDAQ: VDTH) (“Videocon d2h” or the “Company”) announced its financial results for the quarter ended December 31, 2016.

The Company added 0.58 million gross subscribers and 0.25 million net subscribers during the third quarter of fiscal 2017. Net subscribers totaled 12.77 million as of December 31, 2016. Churn came in at 0.87% per month for the quarter.

Subscriber Base (millions)

                                       FY16                 FY17
                 --------------------------  -------------------
                    Q1     Q2     Q3     Q4     Q1     Q2     Q3
                 -----  -----  -----  -----  -----  -----  -----
Total            10.64  10.84  11.27  11.86  12.29  12.52  12.77
Gross Additions   0.61   0.57   0.67   0.79   0.60   0.59   0.58
Net Additions     0.46   0.20   0.43   0.59   0.43   0.23   0.25