DTH

Videocon d2h plans to launch IPO by Feb 2015

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/dth-images/2014/10/14/videocon_logo.jpg?itok=T5aIBiJg

MUMBAI: A few days ago, Videocon d2h files paper with the Securities and Exchange Board of India (SEBI) to raise Rs 700 crore through an initial public offering (IPO).

Rs 350 crore will be used to acquire STBs, outdoor units and accessories from TEL, a Videocon Group entity and Rs 175 crore to repay debt.



In a recent interview to CNBC TV18, Videocon Industries CMD Venugopal Dhoot has said that it will launch the IPO in the first quarter of 2015.



?We hope to launch it in January or February maximum, market is good and Videocon d2h has been number one since beginning in customer acquisition from where it started and now it has become number one in customer acquisition,? he said adding that it is looking at doubling its subscriber base within five years. Dhoot highlighted that it currently has 9 million subscribers but will soon become a ?super profitable company?.



Dhoot also said that the average revenue per user (ARPU) of Videocon d2h was the same as Dish TV, but a little less than Tata Sky. While speaking at a session at indiantelevision.com?s IDOS 2014, Videocon d2h CEO Anil Khera had said that its ARPU in phase III and phase IV cities have touched Rs 220.



This is Videocon?s second attempt at the IPO. It had got SEBI?s approval in 2012 but didn?t go ahead with it due to unfavourable market conditions. Seven banks including UBS, Axis Capital, ICICI Securities, SBI Capital Markets, Yes Bank, IDBI Capital are managing the share sale.



The company is also considering a preferential issue of up to 5,000,000 equity shares, aggregating up to Rs 50 crore with certain investors.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/19/tata.jpg?itok=UEH62mIv
Tata Sky offers 44% discount for new subscribers

As part of a festive offer, direct-to-home (DTH) service provider Tata Sky is offering up to 44 per cent discount for new subscribers in the country.

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/19/dishtv.jpg?itok=IE3T9EWo
Dish TV partners MediaKind to upgrade infrastructure

DTH company Dish TV India, in partnership with MediaKind, has strengthened its infrastructure capabilities to enhance the customer TV viewing experience in India.

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/18/dish-tv_1.jpg?itok=e_VJXtoK
Dish TV wins IDC Insights Awards for ‘Excellence in Operations category’

Dish TV India Limited, the world’s largest single-country DTH Company, has bagged the I.C.O.N.I.C IDC Insights Award 2018 for its pioneering initiative ‘Project Phoenix’– a common service CRM for both its brands

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/07/logo.jpg?itok=MHLojQUr
Sony channels back on Tata Sky after a two-month blackout

All’s well that ends well. A commercial dispute between Sony Pictures Networks India (SPNI) and India’s DTH premier operator Tata Sky has finally been resolved mutually. All Sony channels, which were dropped from the satellite platform, have returned after two-month partial blackout --- much to the...

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/04/tata-sky.jpg?itok=Dbcdb_vD
Theatre has a new stage with Tata Sky

Tata Sky, India’s leading content distribution platform announced Tata Sky Theatre- a 24-hour, first ever ad-free service that brings to its subscribers acclaimed plays and performances from the finest theatre groups on television.

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/29/jaw.jpg?itok=J_wqAwAr
Dish TV's Jawahar Goel writes to TRAI on rationalizing DTH costs, taxes

Even as the Indian government is readying a new DTH policy, aimed at providing some succor to the financially beleaguered sector, Dish TV MD Jawahar Goel has written to the broadcast and telecom regulator TRAI exhorting it to rationalize costs and taxes being levied presently on the operators.

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/28/Arun_Unni-Carter_Pilcher.jpg?itok=17JPcZV8
Tata Sky ventures into curated short content with Shorts TV

India’s leading DTH player Tata Sky has entered into a partnership with a London-based television channel Shorts TV for its new platform Tata Sky ShortsTV. The newly launched platform is one of a kind in the country, dedicated to curated short stories and films. The subscription price for this...

DTH DTH Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/22/dishtv.jpg?itok=H3Rv1FDx
Dish TV India Limited has been successfully appraised at CMMI Maturity Level 5 for development and Services Constellations

Dish TV India Limited, world’s largest single-country DTH Company has been appraised at Level 5

DTH DTH Operator
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/06/d2h.jpg?itok=a35aORVX
Brand D2H brings a new perspective, introduces 'Alag Hi View' campaign for the festive season

New Delhi: Dish TV India Limited, the world’s largest single-country DTH Company, launched a new brand campaign for its D2H brand titled ‘Alag Hi View’ for the forthcoming festive season. The campaign aims to highlight the younger, innovative avatar of D2H brand, bringing out its technologically...

DTH DTH Operator

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories