Public | |
Traded as | : |
ISIN | INE836F01026 |
Industry | Satellite television |
Founded | 2 October 2003 |
Headquarters | Sector 16A, Film City, Noida, Uttar Pradesh, India |
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) (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. 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. As of 30 September 2016, Dish TV has about 15.1 million subscribers.
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.
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.
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.
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. The deal is subject to regulatory approvals, which will take a minimum of 8 months.
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. Dish TV Sri Lanka competes with the island's other satellite TV provider, Dialog TV, which has over 700,000 customers in Sri Lanka.