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Dish TV adds 1.8 million subscribers during FY10
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Dish TV India Limited, the leading Direct-to-Home service provider in the subcontinent, has reported consolidated revenues of Rs.3 billion for the fourth quarter fiscal ’10. This represents a 46% growth over the corresponding period last fiscal in the Company’s revenues.

While, the operating revenue for fiscal 2010 stood at Rs. 10.9 billion marking a strong growth of 48% on a YoY basis. EBITDA for the period stood at Rs. 915 million, up 148% YoY.

Commenting on the financial performance, Mr. Subhash Chandra, Dish TV said, “An innovative business approach with an eye on operational efficiencies has resulted in Dish TV delivering encouraging numbers and the company crossing the ten billion rupee mark in revenues this year. With the DTH industry in India witnessing unprecedented growth, the year ahead promises to be even better for Dish TV.”

The DTH operator added 1.8 million new subscribers during FY10. Also, Dish TV continued leadership with over 33% share in the pay-DTH market. Gross subscriber base for the operator stood at 6.9 million while the net subscriber base as on March 31, 2010 stood at 5.7 million.

Dish TV adds 1.8 million subscribers during FY10

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