Nearly 0.7% stake in Dish TV have been acquired by the well-known investor Rakesh Jhunjhunwala for Rs 92.69 crore. The purchase of 1.3 crore shareswas done through Jhunjhunwala's firm Rare Enterprises at Rs 71.30 per share.
To avoid future problems such as not being able to sync its plans with the Telecom Regulatory Authority of India (TRAI) tariff order and interconnect regulation, the direct to home (DTH) Dish TV India is doing short-term deals only.
Dish TV, which after the successful merger with Videocon d2h is aiming to add 1.3 million net subscribers during FY19, will spend Rs 1200 crore in this fiscal (FY19), according to the direct-to-home (DTH) operator’s India CFO Rajeev Dalmia.
The troubled direct to home (DTH) operator Reliance Big TV has got more time to clear outstanding dues. In Antrix Corporation-RBTV case, the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has given another opportunity to the DTH operator, and has asked Antrix to restore signals to the DTH operator within 48 hours.
The consolidated net profit of the DTH operator Dish TV India was Rs 118.2 crore in Q4 (quarter ended 31 March) as against as a net loss of Rs 168.3 crore in the trailing quarter. Its EBITDA came down 19.5% to Rs 400.6 crore compared to Rs 497.8 crore.
The leading DTH operator Dish TV India has launched a campaign “Saadhey aath mein jeeto saare heart” which enables customers to handpick channels of their choice and pay for them only. This is first-of-its-kind industry initiative that allows freedom of choice for its customers.
To attract more customers in the South India, the direct to home (DTH) operator Tata Sky has launched a campaign featuring actress Nayanthara. The campaign aims to attract new customers in Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka. The Campaign highlights the importance of moving from analogue cable to digitised entertainment.
Despite merger of Dish TV with Videocon d2h, Dish TV will allow Videocon brand to continue like a separate entity.
The first big news post-merger of two big direct-to-home (DTH) operators (Dish TV&Videocon d2h), is a possible launch of over the top (OTT) service. The new initiative is aimed at allowing the subscribers of the two DTH brands to access content on the go.
Rs 2200 crore has been paid as levies, taxes and licence fee by the direct to home (DTH) service provider Tata Sky for FY2018. The licence fee stands at Rs. 561 crore which was paid to the ministry of information and broadcasting (MIB). The licence fee has been paid at 10% of gross revenue.
The Direct To Home (DTH) operator Airtel Digital TV, which is owned by Bharti Telemedia, will expand its high definition (HD) offering, as the operator believes that the HD is a key revenue stream for TV distribution platforms as the average revenue per user (ARPU) is higher than what they earn from standard definition (SD) service.
On 26 April the promoters (World Crest Advisors LLP, Veena Investments Pvt. Ltd and Direct Media Distribution Venture Pvt. Ltd) of the direct-to-home (DTH) operator Dish TV has made a public announcement to acquire the shares of Dish TV at Rs.74 per share.
As per latest disclosure, the direct to home (DTH) arm Bharti Telemedia, Airtel Digital TV’s EBITDA for the quarter ended 31 March (Q4) has remained unattractive at Rs 370.1 crore as against Rs 370.8 crore in the trailing quarter ended 31 December.
Following the partnership between the direct-to-home operator Tata Sky and video streaming major Netflix, Tata Sky subscribers can now stream Netflix on their set top box (STB).
Eight days after Antrix disconnected transponder service to the Direct To Home (DTH) operator Reliance Big TV, the latter has now moved the Telecom Disputes Settlement and Appellate Tribunal (TDSAT).The service was expired on 14 April.
To boost its market share in Tamil Nadu, the direct-to-home (DTH) operator Dish TV has added 30 new Tamil channels; now Dish TV’s Tamil channel offering stand at 70.
While the telecom regulator TRAI wants to retain the licence tenure of DTH operators at 20 years, the Ministry of Information and Broadcasting (MIB) wants to reduce it to 10 years. On entry fee too, both differ. While the Ministry wants the entry fee of operators to be increased from Rs 10 crore to Rs 25 crore, the TRAI wants to keep it at Rs 10 crore.
Antrix Corporation has disconnected the transponder service to the direct to home (DTH) operator Reliance Big TV due to non-renewal of agreement and non-payment of outstanding dues. The services stopped on 15 April.
The broadcasters can now discontinue signals to the DTH operator Reliance Big TV (RBTV), as the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has withdrawn the interim protection granted to RBTV by allowing broadcasters to disconnect signals for non-payment of dues.
The shareholders of the leading DTH operator Dish TV can now sell their shares to promoters of Dish TV, as they have made an open offer for acquiring 26% stake in the company for a total consideration of Rs 3701 crore in cash.
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