Dish TV Adds 42,000 New Subscribers in September Quarter, Overall User Base Reaches 23.94 Million

Dish TV India today announced the results of Q2 FY20 in which it confirmed an increased subscriber base. During the quarter that ended on September 30, 2019, Dish TV has managed to add 42,000 new subscribers, despite the negative response to the new Trai tariff regime and increased competition. For the unaware, Dish TV lost its top spot to Tata Sky last quarter in terms of subscriber base and the overall subscriber base increase will boost the company to achieve more. At the end of the September quarter, Dish TV’s whole subscriber base reached 23.94 million. In the first half of FY20, Dish TV has managed to add 2,51,000 new subscribers and it’s hoping for a better second half of the financial year.

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Dish TV Reports an Increased Subscriber Base: What it Means?

For many years, Dish TV India was the leading DTH operator in India and the acquisition of Videocon D2h increased the company’s lead at the top of the table. But Tata Sky managed to beat Dish TV at its own game with affordable offerings and excellent customer service. In the last quarter, Dish TV may have added just 42,000 new users, however, it’s not a bad number at all considering the current scenario of Indian broadcasting industry.

As for the financial numbers, Dish TV reported consolidated unaudited subscription revenue of Rs 7,920 million and operating revenues of Rs 8,932 million. The former leading DTH operator also said that the EBITDA for the quarter stood at Rs 5,205 million.