JitendraKumar
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MUMBAI: Direct to home (DTH) operator Dish TV plans to deploy Capex of Rs 1200 crore in the financial year 2019. The company after the successful merger with Videocon d2h is looking to add 1.3 million net subscribers during the fiscal.
“We estimate that the Capex will be around Rs. 1,200 crore in the year,” Dish TV India CFO Rajeev Dalmia told analysts during a conference call. Dish TV Group CEO Anil Dua said that the Capex is on gross subscriber additions. He also said that the net subscribers will go up by 1.3 million. The company has also restated its net subscriber base at 23 million from the 29 million it was quoting earlier. Dua said that the subscriber base has been restated since the company has changed the ARPU definition to 60 days from 120 days. “So we feel that this is (a) in line with industry practice and (b) a more rational way of accounting for the number of subscribers,” Dua added.
Dalmia noted that 6 million subscribers that have got shaved off are 3 million from the d2h brand, 2.5 million from Dish brand, and 0.5 million from both the brands who have a complimentary demo and lifetime subscribers. Dua stated that the company will compete in the market with three brands Dish, d2h, and Zing. Dish and d2h, he said, will compete and complement each other.
read more @ Dish TV to deploy Rs 1200 cr Capex in FY19; eyes 1.3 mn net subs addition
“We estimate that the Capex will be around Rs. 1,200 crore in the year,” Dish TV India CFO Rajeev Dalmia told analysts during a conference call. Dish TV Group CEO Anil Dua said that the Capex is on gross subscriber additions. He also said that the net subscribers will go up by 1.3 million. The company has also restated its net subscriber base at 23 million from the 29 million it was quoting earlier. Dua said that the subscriber base has been restated since the company has changed the ARPU definition to 60 days from 120 days. “So we feel that this is (a) in line with industry practice and (b) a more rational way of accounting for the number of subscribers,” Dua added.
Dalmia noted that 6 million subscribers that have got shaved off are 3 million from the d2h brand, 2.5 million from Dish brand, and 0.5 million from both the brands who have a complimentary demo and lifetime subscribers. Dua stated that the company will compete in the market with three brands Dish, d2h, and Zing. Dish and d2h, he said, will compete and complement each other.
read more @ Dish TV to deploy Rs 1200 cr Capex in FY19; eyes 1.3 mn net subs addition
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