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DishTV posts net loss of Rs 1.15 bn in Q4; gross revenues at Rs 1,364 mn

20-June-2008
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DishTV posts net loss of Rs 1.15 bn in Q4; gross revenues at Rs 1,364 mn

Zee Group company DishTV India Ltd has reported a net loss of Rs 1.15 billion for the quarter ended March 31, 2008, compared to a net loss of Rs 1 billion in the year ago period. The DTH player’s fourth quarter gross revenues were at Rs 1,364 million, representing a 21 per cent growth over the third quarter revenues this fiscal.

DishTV has added 285,000 new subscribers in Q4. The DTH player’s expenditure surged 11 per cent from Rs 1.76 billion to Rs 1.95 billion during this period.

The overall pay gross DTH market share of DishTV stands at 59 per cent in a three-market operator scenario. DishTv is now present in over 4,500 towns through 38,000 dealers and over 575 distributors.

According to DishTV, the key ARPU drivers would be higher channel offerings, launch of niche channel bouquets, VAS being charged from the subscribers and all promotion to be on higher tier package. DishTV is also planning to make gaming a paid service in the current year.

The DTH service provider is confident that cut in license fee from 10 per cent of GR to 6 per cent of GR, as recommended by TRAI, would result in higher financial performance in 2008-09.

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