MUMBAI: Dish TV, India's largest direct-to-home (DTH) company,
is eyeing expansion in neighbourhood countries and is preparing
to capitalise its Sri Lanka subsidiary.
Dish TV is planning to invest Rs 700 million in Dish TV Lanka,
a joint venture company in which it holds 70 per cent stake
while local partner Satnet Private Limited has the other 30
TV has got the shareholders approval to invest Rs 700
million in the venture. The Sri Lanka operations is, however,
not in the immediate agenda as India will take all the attention
with digitisation in the four metros of Delhi, Mumbai, Kolkata
and Chennai nearing deadline.