DEN’s EBITDA turns around in FY17; plans to launch Android open-source box by Q3 FY18

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MUMBAI: To allow consumers to watch internet content besides linear TV channels, multi-system operator (MSO) DEN Networks is planning to launch an Android open-source box by Q3 of FY18.

Direct-to-home (DTH) operator Airtel Digital TV has launched a hybrid STB, Airtel Internet TV, which comes preloaded with Netflix, YouTube, Google Play Music, Google Play Games, Airtel Movies and more. It also comes with access to Google Play Store, allowing users to download their favourite apps, content and games on to their TV.

DEN Networks said that its cable TV EBITDA has jumped to Rs 144 crore for the year ended 31 March 2017 compared to Rs 18 crore a year ago.

Post-activation EBIDTA doubled to Rs 254 crore in FY17 compared to Rs 127 crore a year ago.
Consolidated full-year pre-activation EBITDA stood at Rs 135 crore as against a loss of Rs 107 crore in FY16.

DEN’s EBITDA turns around in FY17; plans to launch Android open-source box by Q3 FY18 | TelevisionPost.com
 
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