Dish TV
Public | |
Traded as | BSE: 532839 |
ISIN | INE836F01026 |
Industry | Satellite television |
Founded | 2 October 2003 |
Headquarters | Sector 16A, Film City, Noida, Uttar Pradesh, India[1] |
Areas served | India and Sri Lanka |
Key people | Arun Kumar Kapoor (CEO) |
Brands |
Dish TV Zing Digital |
Services | Direct-broadcast satellite, pay television, pay-per-view |
Revenue | ₹20.28 billion (US$300 million)[2] (2012) |
Parent | Zee Entertainment Enterprises |
Subsidiaries |
Zing Digital Management Services Limited (ISMSL) Agrani Convergence Limited (ACL) Agrani Satellite Services Limited (ASSL) |
Website |
www |
Dish TV (stylised as dishtv) is India's largest Direct to Home (DTH) television operator using MPEG 4 DVB S2 and MPEG 2 digital compression technology. It is a division of Zee Entertainment Enterprises. It was ranked # 437 and # 5 on the list of media companies in Fortune India 500 roster of India's largest corporations in 2011.[3] Dish TV was also voted India's most trusted DTH brand according to the Brand Trust Report 2014, a study conducted by Trust Research Advisory.[4][5] As of 30 September 2016, Dish TV has about 15.1 million subscribers.[6]
History
Dish TV was the first DTH service in India, launching services on 2 October 2003. The company decided not to compete against entrenched cable operators in metros and urban areas, and instead focused on providing services to rural areas and regions not serviced by cable television. Jawahar Goel, who led the launch, recalled 10 years later, "We hardly had four transponders and could offer only 48 channels, compared to analog cable that was giving 60 and was much cheaper. And, STAR refused to give its channels. So, we decided to go slow and concentrate in cable-dry and cable-frustrated markets, rather than cable-rich markets and build the market step by step." Dish TV acquired 350,000 subscribers within 2 years of the launch.[7]
Following bitter legal proceedings between STAR and Zee, in 2007, the two companies called a truce and began offering their channels on each other's services. This decision and Dish TV's acquisition of more transponders enabled them to offer 150 channels on their service, more than any other DTH service in India at the time.[7]
Although Dish TV does not officially offer services in Bhutan, some cable providers in the country have installed Dish TV in subscribers' homes. The total number of Dish TV subscribers in Bhutan is unknown.[8]
On 11 November 2016, the Board of Directors of Dish TV and Videocon d2h agreed to an all-stock merger of their DTH operations. The merger will create the largest DTH provider in India with a total valuation of ₹17,000 crore (US$2.5 billion). The merged entity will be called Dish TV Videocon Limited. Dish TV will hold a 55.4% stake in the merged entity, while Videocon d2h will own the remaining shares. As on 30 September 2016, the two companies combined would have 27.6 million subscribers out of the estimated 175 million Indian households that own a television.[9][10][11] The deal is subject to regulatory approvals, which will take a minimum of 8 months.[12]
Dish TV Sri Lanka
Dish TV expanded its services in the Indian subcontinent, by launching Dish TV Sri Lanka to provide DTH services in Sri Lanka. The company commenced its operations in the region from the 27 March 2015.[13] Dish TV Sri Lanka competes with the island's other satellite TV provider, Dialog TV, which has over 700,000[14] customers in Sri Lanka.
Zing Digital
Zing Digital is a subsidiary of Dish TV India launched in January 2015 to provide access to South India's regional channel packs at an affordable cost. The service currently operates in Kerala, Tamil Nadu, Andhra Pradesh, Maharashtra, Telangana, West Bengal and Odisha state of India.It is the India's first stb which has packs with selected channels and cost. [15]
See also
References
- ↑ http://www.dishtv.in/Pages/ContactUs/Contact-Info.aspx
- ↑ FY 2011 Network 18
- ↑ "Dish TV makes it to Fortune India 500, 4 biggies exit list". MxM India. Retrieved 1 August 2012.
- ↑ "Dish TV voted as India's Most trusted DTH Brand".
- ↑ "India's Most Trusted DTH Brands 2014". Trust Research Advisory.
- ↑ Ahluwalia, Harveen (11 November 2016). "Videocon d2h to merge with Dish TV, create new entity". Livemint. Retrieved 12 November 2016.
- 1 2 Gupta, Surajeet Das (2014-01-01). "10 years of DTH in India: The other electronics revolution". Business Standard India. Retrieved 2016-10-01.
- ↑ "Dish TV: to see or not to see". Bhutan Observer. Retrieved 2 October 2016.
- ↑ "Dish TV, Videocon d2h to merge". The Hindu. 11 November 2016. Retrieved 12 November 2016.
- ↑ "Videocon d2h to merge with Dish TV". Forbes India. Retrieved 12 November 2016.
- ↑ Editorial, Reuters. "Indian satellite TV operators Dish and Videocon d2h to merge". Reuters India. Retrieved 12 November 2016.
- ↑ "Will buy some shares from DTH promoters at later stage: Jawahar Goel, Dish TV". The Economic Times. Retrieved 12 November 2016.
- ↑ "Dish TV LANKA". www.dishtv.lk. 2 April 2015. Retrieved 2 April 2015.
- ↑ "Dialog TV subscribers". Retrieved 20 August 2016.
- ↑ "Zing Digital". www.zingdigital.in. October 2015. Retrieved 2 October 2015.
External links
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