Tuesday, June 30, 2015

Bharti Enterprises to likely enter STB market

Sunil Bharti Mittal-led Bharti Enterprises is reportedly planning to manufacture set-top boxes. The STB plant is likely to be located near Pune.
Airtel Digital TV, which is the DTH wing of Bharti, added 1.06 million new subscribers and has a total of 10.7 million subscribers. Bharti is now trying to tap into the phase III and IV digital addressable system (DAS) to expand its DTH business, reports Television Post.
“Bharti is planning to make set-top boxes (STBs) in Pune in partnership with an electronics manufacturing company under its commitment to support Prime Minister’s vision on Make in India,” a source aware of the project said, according to the Press Trust of India.
“The move makes sense as Bharti has a direct-to-home (DTH) company. Airtel Digital TV adds around a million subscribers every year. Therefore, the STB manufacturing plant will get a captive order to start with. Besides, Phases III and IV of digital addressable system (DAS) will create a huge market opportunity,” a source told Television Post.
Recently, Brijmohan Lall Munjal of the Hero Group invested in Mybox Technologies, which is an STB manufacturing company.

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