Dish TV and Videocon D2h now a single entity; to become largest DTH services provider in India


  •  Dish TV and Videocon D2h now a single entity; to become largest DTH services provider in India
22-03-2018 | Pratidin Bureau. |

The merger between Videcon D2h and Dish TV has finally materialized after years of pending approvals and clearances from the likes of from Ministry of Information and Broadcasting, National Company Law Tribunal and the Competition Commission of India.

The merger will create a subscriber base of about 28 million people, which will make it the largest DTH service provider in India. The merger comes after almost one and half year after the boards approved the decision in November 2018.

Dish TV has an active subscriber base of 15.5 million, while that of Videocon d2h stands at around 12.2 million.

Todayy, Videocon D2h Ltd and Dish TV India Ltd have become one entity. This amalgamation positions the new entity for exceptional future growth and profitability and puts on us the responsibility to lead the DTH industry in India to the next level," Dish TV India CMD Jawahar Goel said

 

Source: Economic Times

Tags : Dish TV Videocon D2h Dish TV Videcon D2h merger Indian DTH provider


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