News Dish TV to buy Videocon DTH - CNBC Excl.

Pingu

Pingu

Frequent Flyer
Although Dish TV has the largest net subscriber base (~ 14.5 million) the growth rate of Videocon is faster standing at 11.6 million. i.e. Dish - 70.59% against Videocon D2H's 145% since FY2012.
Dish in its annual presentation report has included Zing (Regional service) and its foray into Sri Lanka, also hinting at strategic expansion. Adding Videocon's subscribers would help in getting more revenue through subscription and taking the advantage of growing base.

Videocon in its current state is not generating a huge profit, but if continues to reduce its operational cost and increase subscription revenue, there might be a chance of making a profit. Dish has been in this market for a very long time, D2H is relatively new player in this segment.

Dish has a remarkable performance especially in FY16 compared to previous years, and this could be a reason why it would is interested in a little shopping :)
 
Pingu

Pingu

Frequent Flyer
Also for Essel Group this could mean a big way of distributing its content across India.

It already has Dish and Siti Cable, and VideoconD2h addition would mean a greater reach, and more money from advertisers :p

Both the operators are betting big on the digitization process which is its 3rd phase, Essel will have a good market share in both Satellite and Cable distribution if the deal goes through.
 
DashMajor

DashMajor

EntMnt Knight
Let's see whether it will be reality or not. If dishtv buy d2h then they can afford to be more aggressive in HD & their hardware segments as this will boost up with their in home hardware division of dishtv + Siti cable.

Posted using Entertainment Forum mobile app
 
Roy

Roy

Frequent Flyer
If this is going to be true.. I will stick with D2H or moving toward Tata sky...
so what is the future of D2H better or worse ?
 
KARTHI HD

KARTHI HD

EntMnt Riser
Finest Member
MUMBAI: Reacting to news articles in certain sections of the media, Dish TV has issued the following press statement: This is in reference to the news relating to the proposed acquisition of Videocon D2H by Dish TV appearing in certain sections of media. The news is speculative in nature and as a Policy, Dish TV does not comment on market speculations and rumours.

An article on moneycontrol.com said, 'The two companies are negotiating on valuations close to $ 1 billion. This is because Videocon's ask price is currently higher than what Dish TV has offered. Nasdaq-listed Videocon DTH has market capital of USD 855 million and has a net debt of Rs 1600 crore. The losses that the company had last fiscal year stood at Rs 92.2 crore. '

The article further claims 'Even the lenders have suggested that sale of Videocon DTH to Dish TV is likely.'
 
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