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Demonetisation, Reliance Jio and package downgrading has impacted the performance of Dish TV in the financial year ended 31 March 2017. There has also been a churn away from high definition (HD) to standard definition (SD) packs.
Dish TV slipped into losses in the fiscal fourth quarter thanks to a fall in subscription revenue due to a decline in average revenue per user (ARPU), absence of a major cricketing event and package downgrading by existing subscribers.
Dish TV posted a net loss of Rs 28.3 crore in the quarter ended 31 March 2017 compared to a net profit of Rs 26.7 crore a quarter ago. Subscription revenue de-grew to Rs 620.5 crore from Rs 692.1 crore in the trailing quarter ended 31 December.
The DTH operator added 165,000 net subscribers during the quarter to take its subscriber base to 15.5 million. The DTH operator had added 204,000 net subscribers during the previous quarter to close the net subscriber base at 15.3 million.
For the full fiscal year, the company added 1.02 million subscribers.
Demonetisation, package downgrading impact Dish TV’s performance in FY17 | TelevisionPost.com
Dish TV slipped into losses in the fiscal fourth quarter thanks to a fall in subscription revenue due to a decline in average revenue per user (ARPU), absence of a major cricketing event and package downgrading by existing subscribers.
Dish TV posted a net loss of Rs 28.3 crore in the quarter ended 31 March 2017 compared to a net profit of Rs 26.7 crore a quarter ago. Subscription revenue de-grew to Rs 620.5 crore from Rs 692.1 crore in the trailing quarter ended 31 December.
The DTH operator added 165,000 net subscribers during the quarter to take its subscriber base to 15.5 million. The DTH operator had added 204,000 net subscribers during the previous quarter to close the net subscriber base at 15.3 million.
For the full fiscal year, the company added 1.02 million subscribers.
Demonetisation, package downgrading impact Dish TV’s performance in FY17 | TelevisionPost.com
