Credit rating agency, CARE has reaffirmed ‘BBB’ rating to Dish TV India’s long-term bank facilities worth Rs 40.00 crore which was enhanced from Rs 20.00 crore and worth Rs 600.00 crore which was enhanced from Rs 300 crore.
The company has received the said rating on the back of its strong parentage (the Essel group), strong brand presence with leadership position in Direct to Home (DTH) segment and strong distribution network.
Dish TV is India’s largest direct-to-home company and part of the biggest media conglomerate - Zee Group. Dish TV has on its platform 400+ channels and services including 21 audio channels with 13.5 million subscribers, which is growing.