Dish TV has decided to move its set-top box (STB) business to a wholly-owned subsidiary, a step that it believes will allow it to make some savings on licence fee. The subsidiary, Xingmedia Distribution Pvt Ltd, will also accommodate other non-core businesses of Dish TV like dish antenna and allied services. For direct-to-home (DTH) companies, the major investment consumption is in STBs. Thus, Dish TV will have its capex mainly in the form of STBs residing in the subsidiary company. Debt will also be transferred to Xingmedia.
Dish TV has a net subscriber base of 11.7 million, according to data available till 30 June 2014.
Read more at: http://www.televisionpost.com/dth/dish-tv-to-move-stb-biz-to-wholly-owned-subsidiary/ | TelevisionPost.com
Dish TV has a net subscriber base of 11.7 million, according to data available till 30 June 2014.
Read more at: http://www.televisionpost.com/dth/dish-tv-to-move-stb-biz-to-wholly-owned-subsidiary/ | TelevisionPost.com
