Wednesday, June 24, 2015

Dish TV introduces services in Sri Lanka

Dish TV, the Indian direct-to-home (DTH) satellite TV operator, has launched services in Sri Lanka. It has kept the DTH pack prices low to compete with local companies such as Dialog TV and Peo TV.
The operator is charging around LKR 317 (US$2.4) for a bouquet of Indian and local free-to-air channels. Dish TV will be expanding its content offering by adding more Hindi and Tamil channels, according to Rapid TV.
According to Dataxis Intelligence’s latest quarterly report, Axiata’s Dialog has 112,000 digital satellite TV subscribers and 392,000 postpaid TV subscribers.
Back home, Dish TV has managed to post a net profit of INR350 million for the quarter that ended March 31, 2015. Its subscriber base stood at 404,000 for the last quarter and the average revenue per user was at INR172. The strong financial report shows that the company, as well as others in the Indian DTH space, might have reached am inflection point.

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