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Dish TV expects to complete merger with Videocon Group’s DTH arm by October 2017

17 Apr 2017 Evaluate

Dish TV is expecting to complete the merger with Videocon Group’s direct-to-home (DTH) arm Videocon d2h by October this year after receiving necessary regulatory approvals. The merged entity would have a subscriber base of 27.2 million, creating the largest DTH service provider in the industry.

Dish TV has an active subscriber base of 15.5 million, while that of Videocon d2h stands at around 12.2 million. The DTH industry has around 62 million active subscribers. The merged entity will be renamed as Dish TV Videocon. The total revenue of Dish TV and Videocon d2h was Rs 5,915.8 crore on a pro-forma basis for the fiscal ended March 31, 2016.

At present, out of Dish TV’s 15.5 million subscriber base, around 35 per cent are from top 100 cities and the rest 65 per cent are from small towns and rural markets.

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