DTH

Q2-16: DISH Network reports 27% profit hike, loses 281K pay-TV subscribers

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/07/26/dish%20network.jpg?itok=9Yf7nS3S

BENGALURU: DISH Network Corp. (DISH) reported 26.52 percent increase in its net profit for the quarter ended 30 June 2016 (Q2-16, current quarter) at $ 410.46 million as compared to $ 324.42 million in the corresponding year ago quarter. Despite activating approximately 527,000 gross new pay-TV subscribers, net pay-TV subscribers declined approximately 281,000 in Q2-16. Comparatively, in Q2-15 approximately 638,000 gross new pay-TV subscribers were added with a net loss of approximately 81,000 pay-TV subscribers.

DISH reported almost flat revenue (grew by 0.12 percent) in the current quarter of $ 3,837.04 million as compared to revenue of $ 3,832.29 million in Q2-15. Subscriber related revenue in Q2-16 grew 0.7 percent to $3,826.22 million as compared to $3,801.42 million in Q2-15.

EBIDTA in Q2-16 declined slightly (2.7 percent) to $ 899.54 million from $ 924.45 million in the corresponding year ago quarter.

Subscribers, ARPU, SAC

The company closed Q2-16 with 13.593 million pay-TV subscribers, compared to 13.932 million pay-TV subscribers at the end Q2-2015.

DISH lost approximately 15,000 net broadband subscribers in the second quarter, bringing its broadband subscriber base to approximately 613,000.

Pay-TV ARPU for Q2-16 totalled $89.98, compared to Q2-2015 pay-TV ARPU of $ 87.91. Pay-TV subscriber churn rate in the current quarter was higher at 1.96 percent versus 1.71 percent for Q2-2015.

Pay-TV subscriber acquisition cost (SAC) in Q2-16 was $353.08 million as compared to $ 405.70 million in Q2-15.  Pay-TV SAC was $782 per subscriber during Q2-16 compared to $767 during Q2-15 an increase of $15 or 1.9 percent.  

DISH says that this change was primarily attributable to an increase in advertising costs per activation, partially offset by a decrease in hardware costs per activation. The decrease in hardware costs per activation was primarily due to a higher percentage of remanufactured receivers being activated on new DISH branded pay-TV subscriber accounts and by a reduction in manufacturing costs related to certain receiver systems. This decrease was partially offset by an increase in the percentage of new DISH branded pay-TV subscriber activations with Hopper 3 receiver systems, which have a higher cost per unit than the prior generation Hopper receiver systems.

Notes

It may be noted that DISH includes all of its Sling TV subscribers in the company's total pay-TV metrics, including in the pay-TV subscriber, pay-TV ARPU and pay-TV churn rate numbers set forth below. Sling TV subscribers are reported net of disconnects in DISH’s gross new pay-TV subscriber activations. The Sling branded pay-TV services consist of, among other things, live, linear streaming over-the-top (OTT) internet-based domestic, international and Latino video programming services.

DISH markets broadband services under the dishNET™ brand in the United States.  In addition to the dishNET branded satellite broadband service, DISH also offers wireline voice and broadband services under the dishNET brand as a competitive local exchange carrier primarily to consumers living in a 14-state region in the western United States.  It primarily bundles dishNET branded services with its DISH branded pay-TV service.

During Q1-2016 DISH made its next generation Hopper, the Hopper 3, availableto customers nationwide.  Among other things, the Hopper 3 features 16 tuners, delivers an enhanced 4K Ultra HD experience, and supports up to seven TVs simultaneously says the company.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/25/tata%20sky-800x800.jpg?itok=5bs8M2AU
Tata Sky has spectrum glut, adding five more HD channels

MUMBAI: Leading DTH operator Tata Sky is reportedly planning to add five more HD channels and take its total high-definition offering to 86. DTH operators in India mostly provide only 45-65 HD channels, while cable operators provide between 30-50 HD channels.

DTH DTH Operator
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/25/Dish02-Story.jpg?itok=DmB8N7Rs
Lower deferred tax asset & demonetisation lower Dish TV numbers

BENGALURU: The largest DTH operator in India in terms of subscriber numbers – Dish TV Limited (Dish TV) reported less than one-sixth profit after tax (PAT) for the year ended 31 March 2017 (FY-17, current year) as compared to the previous year. The company reported PAT of Rs 1,092.8 million for FY...

DTH DTH Operator
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/25/casbaa.jpg?itok=wAVkDQoo
CASBAA Sat Forum: Innovation at every level vital, b'band driving HTS, a maturing tech

“There have been more dramatic changes in the global satellite industry in the past two years than we have been seen in the last twenty-five,” said SES Networks' CEO Steve Collar, at the close of the CASBAA Satellite Industry Forum 2017 in Singapore.

DTH DTH Operator
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/23/gst.jpg?itok=s_tiZlRx
Under GST, taxes on cable, DTH & entertainment services to come down

Taxation on entertainment, cable and DTH services shall come down under the Goods and Services Tax regime as the entertainment tax levied by states has been subsumed in the GST, the Indian government said today.

DTH DTH Operator
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/17/DD-Free-Dish-Story.jpg?itok=GiAeBlyD
FreeDish goes for second auction in May

After bagging three new general entertainment channels earlier this month, Doordarshan is all set for the 35th e-auction for its DTH platform Free Dish next week, thus marking the first time when a second e-auction is being held within the same month.

DTH DTH Operator
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/16/tata-sky.jpg?itok=Pvm0AtUh
Learn acting on Tata Sky's Adda for Rs 59 a month

Tata Sky, India's innovative content distribution platform, HAS announced the launch of its latest interactive service ‘Tata Sky Acting Adda’ powered by FTheCouch (FTC).

DTH DTH Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/16/Anil%20Dua.jpg?itok=0NpA9N7n
Dish TV India ropes in marketing heavyweight Anil Dua as group CEO

MUMBAI: There’s change at the top at Dish TV India. The DTH firm late last night announced (to the Bombay stock exchange) the appointment of FMCG and consumer durable marketing veteran Anil Dua as its group CEO. He will be replacing current CEO Arun Kapoor who was leading the company for the past...

DTH DTH Operator
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/11/Madhuri_Dixit-d2h.jpg?itok=dQM8MdBp
Videocon strengthens VAS with d2h Nachle

MUMBAI: What Tata Sky did in December 2015 seems to be inspiring Videocon now. Videocon d2h has partnered with 'Dance with Madhuri' to launch an interactive dance service called ‘d2h Nachle’. The service is set to win the hearts of dance-lovers across the 18 million strong Videocon d2h subscriber...

DTH DTH Operator
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/10/dishtv%26videocond2h.jpg?itok=LWZepTtz
Videocon d2h receives shareholder, Competition Commission nod for merger with Dish TV

BENGALURU: The Saurabh Dhoot led Videocon d2h Limited (Videocon d2h) has informed the Security Exchange Commission (SEC) that its equity shareholders have thought it fit and given consent by the requisite majority to the scheme of arrangement for amalgamation of Videocon d2h with Subhash Chandra’s...

DTH DTH Operator

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories