Dinesh jain
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MUMBAI: Dish TV has a capital expenditure plan
of Rs 575 crore (Rs 5.75 billion) this fiscal even
as it has set a target of mopping up 1.5 million
new subscribers in the year.
The direct-to-home (DTH) company has already
invested Rs 275 crore (Rs 2.75 billion) in the
first half of the fiscal ended 31 March 2015.
Net subscriber additions in the first six months
stand at 720,000. This is substantially higher as
Dish TV had a net collection of 810,000
subscribers for the whole of last year.
“The growth is largely coming from Phase III and
IV markets. In Phases I and II, our focus is
primarily to drive the upgrade from standard
definition to high definition. Since these are fully
digitised markets, we are not looking at this as a
standard catchment area for new subscribers,” a
senior Dish TV official said.
Dish TV expects the momentum to sustain. In
fact, the third quarter could see better
subscription growth. With the cricket World Cup
coming up in the final quarter, subscriber
addition for the full fiscal is expected to be
strong. .
“This Diwali was a fairly unique festive season in
that no DTH operator resorted to any scheme or
discounts or undercutting. So it was a very
healthy Diwali for the DTH sector,” the official
stated.
, as of 30 September 2014.
Over the past six months through September,
Dish TV has paid around Rs 375 crore (Rs 3.75
billion) towards loan servicing. The company has
debt of $155 million and 435 crore (Rs 4.35
billion) as rupee loan. Net debt stands at Rs 900
crore (Rs 9 billion).
Dish TV has got its momentum back this fiscal
and Zing as well as high definition (HD) has
helped. Commenting on the second-quarter
results, Dish TV CEO RC Venkateish had earlier
told “There was a healthy
growth in HD sales and good traction from the
sale of the ‘Zing’ brand. Sports pack specially
helped in HD additions.” ..
Dish TV's capex plan of Rs 575 crore in FY15 | TelevisionPost.com
of Rs 575 crore (Rs 5.75 billion) this fiscal even
as it has set a target of mopping up 1.5 million
new subscribers in the year.
The direct-to-home (DTH) company has already
invested Rs 275 crore (Rs 2.75 billion) in the
first half of the fiscal ended 31 March 2015.
Net subscriber additions in the first six months
stand at 720,000. This is substantially higher as
Dish TV had a net collection of 810,000
subscribers for the whole of last year.
“The growth is largely coming from Phase III and
IV markets. In Phases I and II, our focus is
primarily to drive the upgrade from standard
definition to high definition. Since these are fully
digitised markets, we are not looking at this as a
standard catchment area for new subscribers,” a
senior Dish TV official said.
Dish TV expects the momentum to sustain. In
fact, the third quarter could see better
subscription growth. With the cricket World Cup
coming up in the final quarter, subscriber
addition for the full fiscal is expected to be
strong. .
“This Diwali was a fairly unique festive season in
that no DTH operator resorted to any scheme or
discounts or undercutting. So it was a very
healthy Diwali for the DTH sector,” the official
stated.
, as of 30 September 2014.
Over the past six months through September,
Dish TV has paid around Rs 375 crore (Rs 3.75
billion) towards loan servicing. The company has
debt of $155 million and 435 crore (Rs 4.35
billion) as rupee loan. Net debt stands at Rs 900
crore (Rs 9 billion).
Dish TV has got its momentum back this fiscal
and Zing as well as high definition (HD) has
helped. Commenting on the second-quarter
results, Dish TV CEO RC Venkateish had earlier
told “There was a healthy
growth in HD sales and good traction from the
sale of the ‘Zing’ brand. Sports pack specially
helped in HD additions.” ..
Dish TV's capex plan of Rs 575 crore in FY15 | TelevisionPost.com
