DEN Networks ends 2016 with 10.2 million digital cable subscribers

Approx. 200k boxes deployed in Phase 3 & 4

NEW DELHI — DEN Networks Ltd, one of the largest cable MSO in India, today announced its financial results for 3rd quarter and year to date ended 31st December 2016.

Mr S N Sharma CEO of DEN Networks commented on the business and results and said “The company continues to improve on cable subscription billing on a quarter on quarter basis. ARPU (including taxes) for DAS 1/2 and 3 markets stood at Rs 125, Rs. 95 and Rs. 64 per box respectively which reflects on improvement of 11%, 6% and 23% respectively on Q-on-Q basis, with a strong collection efficiency of 95%.”

Subscribers (millions)

                     FY 2015                     FY 2016              FY 2017
                ------------  --------------------------  -------------------
                   3Q     4Q     1Q     2Q     3Q     4Q     1Q     2Q     3Q
                -----  -----  -----  -----  -----  -----  -----  -----  -----
Digital           6.8    7.0    7.2    7.6    8.5    9.5    9.8   10.1   10.2