Tag: Saurabh Dhoot

  • Q3-2016: Videocon d2h YoY revenue up 22% on subscriber additions, higher ARPU

    Q3-2016: Videocon d2h YoY revenue up 22% on subscriber additions, higher ARPU

    BENGALURU: Videocon d2h Limited reported 14.8 per cent YoY increase in net subscriber additions and 8.2 per cent YoY growth in ARPU for the quarter ended 31 December, 2015 (Q3-2016, current quarter). The company’s revenue from operations (TIO) increased 21.6 per cent YoY to Rs 731.49 crore in Q3-2016 as compared to Rs 601.53 crore. Subscriber addition brings in higher activation revenue.

     

    The company achieved strong subscription and activation YoY revenue growth of 26 per cent at Rs 665 crore as compared to Rs 527.9 crore in the corresponding year ago quarter.

     

    Videocon d2h added 6.7 lakh gross subscribers and 4.3 lakh net subscribers during the quarter. Gross subscribers totalled 149.5 lakh and net subscribers totalled 112.7 lakh as of 31 December, 2015. The company says that monthly churn came in at 0.73 per cent for the quarter and 0.80 per cent for the nine months ending 31 December, 2015, which was marginally ahead of the company guidance.

     

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore.

     

    Average revenue per user (ARPU) in Q3-2016 increased 8.2 per cent to Rs 211 as compared to Rs 195 in Q3-2015 and increased 2.9 per cent as compared to Rs 205 in Q2-2016.

     

    Videocon d2h reported 42.2 per cent YoY growth in adjusted EBITDA at Rs 201 crore for Q3- 2016 compared to Rs 141 crore in the corresponding year ago quarter. Net loss for the quarter declined to Rs 22.05 crore as compared to the net loss of Rs 79.8 crore in Q3-2015.

     

    Videocon d2h executive chairman Saurabh Dhoot said, “I am delighted the company reported EBITDA growth of over 42 per cent in the quarter compared to last year. This is a result of strong subscriber and ARPU growth and our continued focus on margin improvement, in line with our expectations. We believe we are amongst the fastest growing media companies in the world delivering exceptional performance quarter after quarter. During the quarter, we continued to strengthen our content offering and added new channels on our platform. We recently added two transponders ahead of schedule. This further strengthens our content offering, which is one of our key competitive advantages. With this additional bandwidth we will continue to add more regional and HD channels to our platform in times to come.”

     

    Speaking on the Phase III digitisation implementation, Videocon d2h CEO Anil Khera said, “Phase III digitisation has begun. The Ministry of Information & Broadcasting maintained their deadline and instructed broadcasters to switch off analogue signals in Phase III digitisation areas. In the first few days of January 2016, we saw strong pick up in subscriber additions in cities that come under Phase III digitisation. Recently, a few state high courts issued a stay order on implementation of Phase III digitisation for one – three months. This was in line with our expectations of the digitisation being a staggered process.”

     

    “We estimate around 50 million television homes come under Phase III digitisation, of which 24-25 million television homes are already on the digital platform. Thus, the target market under Phase III digitisation is the remaining 25-26 million television homes that are currently on analog cable,” he added.

  • Videocon d2h lines up new 4K UHD content across genres

    Videocon d2h lines up new 4K UHD content across genres

    MUMBAI: Direct to home (DTH) operator Videocon d2h has revamped its 4K content being shown on its 4K Ultra High Definition (UHD) channel – d2h Life 4K, which is India’s only 24 hours DTH channel service in 4K.

     

    D2h Life 4K will now offer a plethora of 4K UHD services and will telecast fresh new content spread across genres like movies, cricket, extreme sports, travel destinations, infotainment, nature, lifestyle, fitness and cooking amongst others.

     

    Videocon d2h has been revamping its 4K library for nearly a year to deliver a comprehensive collection of 4K entertainment. D2h Life 4K offers a unique combination of rich pictures with custom soundtracks. The programming is created to delight viewers every moment of the day. The channel will offer premium UHD movies exclusively on High 4K, premium Fashion Reality, premium Ultra HD Fights, from Extreme Amateur Fighting to Ultimate Power lifting Championships, music videos and intimate interviews from some of the top names in music today in 4K. High 4K will also take you into the kitchen of some of the world’s most famous chefs, open the doors to innovation of Automotive Technology in 4K, exciting lessons in 4K from a top fitness trainer.

     

    Videocon d2h executive chairman Saurabh Dhoot said, “Our focus is on creating the highest-quality consumer experience possible. We will be focusing on providing a variety of content as the demand for 4K Ultra HD content continues to increase and evolve. 4K content is the future and with this development we are completely geared up and future ready. Our new 4K UHD content is another way for our customers to enjoy stunning premium 4K content on our active 4K UHD channel 4K Life.”

     

    Videocon d2h CEO Anil Khera added, “We are committed to continuously enhancing our products that make consumers interaction with content a greater experience. Our goal is to provide premium experience of quality 4K UHD content across various genres. We would be offering Ultra HD movies, sports and various other programs that raise the bar on quality and innovation that customers have come to expect from Videocon d2h.”

  • Videocon d2h armed with adequate STBs ahead of DAS III deadline

    Videocon d2h armed with adequate STBs ahead of DAS III deadline

    MUMBAI: Indian direct to home (DTH) operator Videocon d2h says it is fully geared up for Digital Addressable Systems (DAS) phase III, the deadline for which is 31 December, 2015. 

     

    The company expects Phase III to be 50 million TV household in terms of size.

     

    The Telecom Regulatory Authority of India (TRAI) in its recent communication expressed satisfaction at the progress of the seeding of set-top boxes (STBs) in Phase III areas. TRAI has also advised consumers of urban areas who are still receiving cable TV services without STBs to avail and install STBs before the cut-off date in order to receive uninterrupted TV/services. It has reaffirmed its commitment to meet the deadline.  

     

    It is anticipated that there will be a huge demand for STBs for the Digitisation phase III, and Videocon d2h STBs are available in the markets. TRAI has been taking steps to create awareness among consumers and stakeholders by holding workshops on the implementation of DAS and consumer outreach programmes.

     

    Videocon d2h executive chairman Saurabh Dhoot said, “We welcome the digitisation mandate by Government wholeheartedly and will continue to support this initiative. The latest communication by Government in reaffirming its commitment is encouraging. This will ensure world class services to end consumer and create a level playing field between DTH and cable.”

     

    Videocon d2h CEO Anil Khera added, “Consumers who are on analog cable mode can subscribe to a Videocon d2h Digital Set Top Box to access uninterrupted services before digitisation is implemented. Videocon d2h has ample STBs to cater to demand of the digitisation towns. Consumers can subscribe to Videocon d2h to avoid a black out of the analog cable services and enjoy the wide range of channels and services provided.”

  • Shemaroo Entertainment, Videocon d2h launch religious channel

    Shemaroo Entertainment, Videocon d2h launch religious channel

    MUMBAI: Shemaroo Entertainment has joined hands with Videocon d2h to launch a 24 hr ad free devotional channel “d2h Darshan” according to a press release filed at the bourses by Shemaroo. The channel plans to offer a wide variety of religeous and religion related content such as temple tourism, jaaps, mantras, kathas, popular bhajans, holy Books etc. d2h Darshan can be subscribed at Rs. 30 per month from 1st Dec 2015 and is available for Videocon d2h consumers on channel number 481..

     

    According to the release, d2h Darshan will also attempt to explain the meaning and significance of important elements extracted from the Vedas and other scriptures. The videos programmed on each day of the week will be as per the special significance of that day devoted to a deity. For example Monday is devoted to Shiva, Tuesday for Ganesha, and so on. The channel also plans to offer  customized  content  around important   festivals   and   various   events   based   on   the religious calendar. Shemaroo will draw from its bank of more than 2000 hours of devotional content to specially create this unique service.

     

    Press release quotes

     

    Shemaroo Entertainment Director Hiren Gada said, “Inspite of religion being the way of life in India, there is not enough variety of devotional content available on the television platforms. With the launch of a premium service like d2h Darshan on Videocon d2h, consumers will have access to an array of content. We plan to feature temple documentaries which are almost like a ‘virtual darshan tour’ of some of the most popular shrines across the country.”

     

    Videocon d2h executive chairman Saurabh Dhoot said, “We believe in enriching lives of our valued consumers by providing them varied choice for their entertainment. d2h Darshan is a powerful service which is targeted to a whole segment of viewers who sought these channels as part of their faith and a desire to lead a spiritual lifestyle.”

  • Videocon d2h launches Active HD Hollywood Channel Services

    Videocon d2h launches Active HD Hollywood Channel Services

    MUMBAI: After the first 24-hour 4K Ultra HD multi genre channel in January, Videocon d2h Limited has launched a new active HD Channel – Active HD Hollywood Channel services for its subscribers. Skoda has been roped in as channel partner for this launch. This is a part of Videocon d2h’s ongoing commitment to provide unmatched viewing experience for its subscribers. 

     

    The channel – Active HD Hollywood Channel Services will be available on Ch No. 940 on its network. It will air handpicked Hollywood movies everyday at 9 pm. All High Definition subscribers of Videocon d2h will be able to avail it for free in the initial phase of launch. The service will be available on paid subscription basis from a later date.

     

    Active HD Hollywood Channel Services will showcase a line up of critically acclaimed popular films. With new titles being released every day at 9pm, viewers can look forward to quality Hollywood movies, including such mega-hits as  Pandorum, Broken City, Jobs, Astro Boy, Remember Me, A Single Man, Agoraa, The Women in Black, Blindness, Something Borrowed, The Conspirator, The Twilight Saga Breaking Dawn Part -2, London Boulevard and Now You See Me among others.

     

    “We have observed that there is a genuine requirement to watch highly acclaimed Hollywood movies in HD and there are very few catering to this opportunity”, said Videocon d2h executive chairman Saurabh Dhoot. “Not only are we launching a new premium Hollywood HD movie channel, but we’re bringing value to our consumers. This channel will definitely resonate well with the young audience,” he further added.

     

    Videocon d2h CEO Anil Khera said, “We are excited to offer Hollywood movies fans across India access to high-quality entertainment in HD. With Active HD Hollywood Channel Services, we continue to provide high quality world class programming content delighting consumers. We are confident that our unique content offering of Hollywood movies in HD will make this an instant hit with subscribers.”

     

    Speaking on the same Skoda Auto India sales, service & marketing director Ashutosh Dixit explained, “Skoda looks at innovative platforms that resonate with the brand’s image to connect with its audiences. The audience of the Active Hollywood HD channel largely overlaps with the kind of consumers our brand converses with. This association will benefit both brands and we expect good traction from this partnership.”

  • Videocon d2h ropes in Himanshu Dhoreliya as content head

    Videocon d2h ropes in Himanshu Dhoreliya as content head

    MUMBAI: Videocon d2h has appointed Himanshu Dhoreliya as content head. Reporting to CEO Anil Khera, he will be based in Videocon d2h’s Mumbai headquarters. 

    Himanshu Dhoreliya comes to Videocon d2h with an impressive track record and more than a decade of experience in content development, content management and channel distribution for leading media and entertainment companies.  

     

    Videocon d2h executive chairman Saurabh Dhoot said, “The expertise that Himanshu Dhoreliya brings to the table will definitely add to and strengthen our content management bandwidth. This is an especially vital role & I believe that with his extensive experience & leadership, he will bring the best for brand Videocon d2h.”

     

    Videocon d2h CEO Anil Khera dded, “We are very pleased to welcome Himanshu Dhoreliya as content head, a role that will benefit greatly from his intuitive knowledge of the DTH industry. We are hopeful that he will help lead Videocon d2h in developing innovative content acquisition strategies while maximizing the use of our services to fulfil the needs of our valued customers – all, of course, keeping in sync with Videocon d2h’s goal of being the best in the industry.” 

     

    Dhoreliya former CEO and co-founder of TelevisionPost.com, has held positions with MSM Discovery Private Limited, the joint venture broadcast distribution company owned by Multi Screen Media and Discovery Networks, as well as ESPN Software.

  • Videocon d2h eyes 35-40% EBITDA growth at Rs 8.6 billion in FY-2016

    Videocon d2h eyes 35-40% EBITDA growth at Rs 8.6 billion in FY-2016

    MUMBAI: Driven by strong subscriber growth momentum and improving average revenue per user (ARPU), Indian direct-to-home (DTH) company Videocon d2h is expecting EBITDA to be in the range of Rs 8.2 – 8.6 billion in FY-2016, which translates to approximately 35-40 per cent growth over EBITDA in the fiscal year ended 31 March, 2015.

     

    As was earlier reported by Indiantelevision.com, Videocon d2h is also planning to increase its monthly subscription rates in the range of Rs 12 – 23 per month.

     

    The company maintains its current first half of the fiscal year ending 31 March, 2016 guidance of 25-30 per cent period on period growth of EBITDA, and is guiding towards 40-45 per cent period on period growth in the second half of the fiscal year ending 31 March, 2016.

     

    Videocon d2h executive chairman Saurabh Dhoot said, “We are pleased to provide strong EBITDA growth guidance for fiscal year 2016. This is driven by strong subscriber growth momentum, improving ARPU and further benefit of operating leverage. We remain excited about our long term subscriber growth prospects as a result of the government mandated move to digitalisation. We have positioned ourselves to take advantage of the 100 million subscriber homes opportunity for the industry over the next four to five years.”

  • Videocon d2h adds two new Malayalam channels

    Videocon d2h adds two new Malayalam channels

    MUMBAI: In celebration of Onam, direct to home (DTH) operator Videocon d2h has added two new Malayalam channels, Flowers TV and People TV on its platform.

     

    The Malayalam general entertainment channel Flowers TV will be available on LCN 606, whereas Malayalam news channel People TV is available on LCN 641. With the addition of these new channels, Videocon d2h now offers 28 Malayalam channels and services.

     

    “This Onam, we are looking forward to strengthening our market share in Kerala, as we continue to expand our already-wide array of Malayalam channels and services. The addition of two new Malayalam channels will help bolster our leadership position in this market while showing Kerala consumers that we are committed to serving their entertainment needs,” said Videocon d2h executive chairman Saurabh Dhoot.

     

    Videocon d2h CEO Anil Khera added, “We are proud to demonstrate our consumer-centric approach by adding Flowers TV and People TV to our platform on such a fitting and joyous occasion. A large number of our subscribers will celebrate Onam and Kerala is a very important region for us, so we are focusing on delivering them the best.”

  • Q1-2016: Affirmation that DTH in India has turned the corner?

    Q1-2016: Affirmation that DTH in India has turned the corner?

    BENGALURU: If numbers reported by direct-to-home (DTH) operators in Q1-2016 are anything to go by, then the segment might just have turned the corner last quarter.

     

    As may be recalled, Indiantelevision.com had reported in the last quarter that the DTH industry in India had probably reached an inflection point in FY-2015 (financial year ended 31 March, 2015, previous year), and more so during the last quarter of the previous year (Q4-2015). The financial results for the quarter ended 30 June, 2015 (Q1-2016, current quarter) seem to confirm this fact.

     

    Another endorsement of this website’s surmise is a single statement in the Sun TV Network’s earning release for the current quarter – Subscription revenues continue to grow with cable TV revenues growing by approximately 13 per cent and DTH subscription revenue growing by nine per cent over the same quarter of last year. Sun TV had approximately eight per cent market share among the private Indian DTH players as on 31 March, 2015.

     

    Note: 100,00,000 = 100 lakh = 10 million = 1 crore.

     

    This report covers only the three of the seven DTH service providers in India (as had the previous one) since the other four – Reliance Digital TV, Sun Direct (about 97 lakh subscribers as on 31 March, 2015), Tata Sky and DD Free Dish are not listed on the bourses and their financial numbers are not available, unless the principals of these companies/segments chose to reveal them. The three players – Airtel DTH, Dish TV and Videocon d2h have already been covered in our earlier report mentioned above.

     

    Despite Q1 being a relatively weak quarter seasonally, two of the three players – Airtel DTHDish TV and Videocon d2h have reported QoQ and YoY growth across all the important parameters that include revenue, operating profits with healthy margins, subscription numbers, average revenue per user (ARPU) for the current quarter. The third player Videocon d2h, has also shown improved numbers across all the parameters mentioned above, except in the case of operating profits – the company’s YoY and QoQ loss reduced significantly in Q1-2016.

     

    Dish TV is the largest DTH player in terms of subscriber base and probably revenue too, in India. The company posted a 55.2 per cent QoQ growth in consolidated profit after tax of Rs 54.21 crore (7.2 per cent margin) in Q1-2016 on revenue of Rs 736.68 crore. For the corresponding quarter of last year, Dish TV had reported a loss of Rs 14.97 crore on revenue of Rs 618.04 crore.

     

    As a matter of fact, Dish TV is also the first among listed DTH companies in the country in FY-2015 and Q4-2015 to report a profit after tax as opposed to the operating profits reported by a segment of the other goliaths for whom DTH services is just another small segment.

     

    Airtel DTH reported the highest YoY growth in ARPU in Q1-2016, as well as the highest ARPU among the three players in this report.

     

    Let us look at some of the numbers reported by the three players:

     

    Airtel DTH

     

    For Bharati Airtel Limited (Airtel), Digital TV services (Airtel DTH) contributes just a small fraction to its overall numbers. The DTH segment’s contribution to overall Airtel numbers is approximately four per cent to revenue and three per cent to EBIDTA, and yet it had a seven per cent share in the company’s capex investments pie to the extent of Rs 211.3 crore fresh investments in Q1-2016. Overall, cumulative investment made by Airtel into its DTH segment is Rs 5621.6 crore (about three per cent of Airtel’s overall cumulative investments).

     

    Mentioning the DTH segment in Airtel’s Q1-2016 earning release, Airtel MD and CEO, India & South Asia Gopal Vittal said, “I am pleased that our revenue growth is broad based across all business units, especially the domestic enterprise and corporate segment, which saw revenues grow by 18.1 per cent, and DTH business which had a underlying topline growth of 26.8 per cent.”

     

    Airtel DTH reported 15.8 per cent increase in YoY revenue to Rs 684.8 crore in Q1-2016 as compared to the Rs 591.5 crore in Q1-2015 and 7.9 per cent more than the Rs 634.8 crore in Q4-2015.

     

    The telecom major’s DTH segment reported a 67 per cent growth in operating profit (EBIDTA) in the current quarter at Rs 240.8 crore (46.1 per cent margin) as compared to the Rs 143.8 crore (24.3 per cent margin) in Q1-2015 and 15.9 per cent more than the Rs 207.8 crore (32.7 per cent margin) immediate trailing quarter.

     

    Airtel’s DTH segment reported 10.9 per cent YoY growth in Airtel DTH customer base for the current quarter at 104.12 lakh as compared to the 93.88 lakh in Q1-2015 and 3.4 per cent growth as compared to the 100.73 lakh in Q4-2015.

     

    As mentioned above, ARPU in Q1-2016 improved significantly to Rs 222 as compared to the Rs 214 in both Q1-2015 and Q4-2015. Monthly churn in the current quarter was higher at 0.8 per cent as compared to the 0.6 per cent in the corresponding year ago quarter, but lower than the one per cent in the immediate trailing quarter.

     

    Dish TV

     

    Dish TV has shown almost flat QoQ revenue growth in Q1-2016. The company reported 0.9 per cent higher consolidated net total Income from Operations (TIO) in the current quarter at Rs 736.68 crore as compared to the Rs 729.93 crore in the immediate trailing quarter and 19.2 per cent more than the Rs 618.04 crore in Q1-2015.

     

    As mentioned above, the company has reported 55.2 per cent higher PAT at Rs 54.21 (7.4 per cent margin) as compared to the Rs 34.94 crore (margin 4.8 per cent) in Q4-2015. The company had reported a loss of Rs 14.97 crore in Q1-2015, while it had reported a consolidated PAT of Rs 3.14 crore for FY-2015.

     

    With effect from 1 April, 2015, Dish TV says that it has started netting-off certain collection fees paid to its trade partners from its topline. This has resulted in the company’s topline getting shrunk by around four per cent, with a similar number being decreased from the middle line.

     

    Further, Dish TV transferred its non-core business (including set-top boxes, dish antenna and related services) to its wholly owned subsidiary Dish Infra Services Private Limited (formerly known as Xingmedia Distribution Private Limited) on 1 April, 2015 on a going concern basis.

     

    The company reported addition of 3,90,000 net subscribers in Q1-2016, taking its total subscriber base to 1.33 crore as on 30 June, 2015. Post consolidation, Dish TV’s ARPU was Rs 173 versus Rs 172 (QoQ) in Q4-2015. The company reported consolidated subscription revenues at Rs 628.88 crore, up 20.6 per cent YoY.

     

    Dish TV chairman Subhash Chandra said, “Dish TV has been actively contributing to the ‘Digital India’ movement by digitizing analog TV homes in DAS phase 3 and 4 markets and remains optimistic about its prospects to acquire a substantial share in these markets.”

     

    Dish TV managing director Jawahar Goel added, “Our first quarter results are in line with the success of our regional and high definition (HD) strategy. Our regional offering, ‘Zing’, would soon be launched in Kerala and would carry the largest cache of vernacular channels offered in that market. ‘Zing’ cemented Dish TV’s supremacy in the DAS Phase 3 and 4 markets with custom-made content, hardware and service packages for the regional audience. High definition continues to be a value driver and a key differentiator for us compared to other DTH offerings in India. Dish TV’s industry leading bandwidth capacity supports 42 HD channels, the largest on offer by any distribution platform so far.”

     

    Further, Dish TV recently formed a content negotiating joint venture (JV) called Comnet with its group company and multi system operator (MSO) Siti Cable Network Limited. Both Dish TV and Siti Cable are equal partners in the JV that came into existence on 1 July, 2015. As part of the JV, both companies will hold joint discussions with broadcasters post, which separate direct contracts between the broadcaster and distribution platform will be signed. The JV also tends to bring together the industry on contentious taxation issues like the recent arbitrary hike in entertainment tax in Delhi.

     

    Videocon d2h

     

    For Videocon d2h, the addition of 6.1 lakh gross subscribers and 4.6 lakh net subscribers in Q1-2016 coupled with higher ARPU for Q1-2016, resulted in a YoY 32.1 per cent growth in subscription revenue and 23.3 per cent growth in revenue from operations (TIO) in Q1-2016. On a QoQ basis, subscription revenue increased 3.7 per cent, while TIO increased six per cent. The company also reported a marked fall in finance costs and consequently the company’s loss in the current quarter more than halved to Rs 24.4 crore as compared to the Rs 55.8 crore in Q1-2015 and was less than a third of the Rs 75.7 crore in Q4-015.

     

    TIO in Q1-2016 at Rs 662.83 crore was 23.3 per cent more than the Rs 537.65 crore in Q1-2015 and 6 per cent more than the Rs 625.27 crore in Q4-2015.

     

    Videocon achieved strong subscription revenue growth of 32.1 per cent to Rs 599.61 crore (90.5 per cent of TIO) in Q1-2016 as compared to the Rs 453.77 crore (84.4 per cent of TIO) in Q1-2015 and growth of 3.7 per cent as compared to the Rs 578.33 crore (92.5 per cent of TIO) in the immediate trailing quarter Q4-2015.

     

    Average revenue per user (ARPU) in Q1-2016 at Rs 205.30 was 9.7 per cent more than the Rs 187.14 in the corresponding year ago quarter and was 1.5 per cent more than the Rs 202.17 in Q4-2015. (Conversion rate from 1 dollar = 62.59 Indian rupee for all the three quarters).

     

    The company considers advertisement revenue as an important contributor to its numbers, and is beginning to see an encouraging response from multiple advertisers. Videocon d2h recently set up an advertising team to sell ad inventory on its own proprietary channels and added three proprietary channels – d2h nursery rhymes; d2h Cinema HD; and another music channel. The company has also launched three Active services, namely, Active Kids, Active Games and Active Learning in this quarter, which the company says are beginning to get traction from its customer.

     

    Videocon d2h executive chairman Saurabh Dhoot said, “We are pleased to declare a strong set of results for the quarter ended 30 June, 2015 and are on track to achieve the guidance provided for fiscal 2016. With a strong subscriber growth outlook, DTH sector gaining market share over cable and an improving ARPU scenario; we believe we are just at the beginning of a multi-year strong growth opportunity.”

     

    Conclusion

     

    The three players considered in this report had an approximate combined market share of 67 per cent in among the private players India at the end of the previous year, or more than two-thirds. It is still early days as yet to really conclude that the DTH sector in India has turned the corner based on good results for only two consecutive quarters reported by three companies that represent about two thirds of the sector. Of course, the amount of representation goes up to 75 per cent of the private players, if one were to consider the Sun TV market share of eight per cent. However, looking at the intensity and the moves of these players, it is quite likely that the sector should continue showing improved positive results, and may have turned the corner in Q4-2015.

  • Videocon d2h launches mobile TV app; strengthens OTT commitment

    Videocon d2h launches mobile TV app; strengthens OTT commitment

    MUMBAI: In order to strengthen its over the top (OTT) service, direct to home (DTH) operator Videocon d2h has launched a mobile TV app. The new app – Direct to Mobile TV will make it possible for Videocon d2h subscribers to watch television anytime, anywhere on their mobile phones.

     

    Available on both iOS and Android, the Direct to Mobile TV app will give viewers instant access to a wide range of news, entertainment, sports and movie channels. The platform currently boasts of more than 70 select live TV channels and more than 3,000 movies and videos.

     

    Priced at Rs 60 per month, the offering includes channels, such as Sony Entertainment Television, Sony Max, Sony Music, Sab, Aaj Tak and many regional language channels. The service also features a programme guide, show reminders and social media integration, besides the What’s Hot section.

     

    Videocon d2h executive chairman Saurabh Dhoot said, “We are happy to be on the leading edge of India’s OTT revolution with the launch of our Direct to Mobile TV app. This is an important move for Videocon d2h, as we strengthen our commitment to introducing new technologies to our subscribers, allowing them to have a robust and enhanced experience while viewing our contents. We are confident that an increasing number of consumers will enjoy this offering in the days to come.”

     

    The Direct to Mobile TV service targets an increasing number of working professionals, shoppers and students spending time outside their homes with round-the-clock access to TV, films and other desired programmes regardless of location.

     

    Videocon d2h CEO Anil Khera added, “With our new Direct to Mobile TV app, Videocon d2h’s subscribers will never have to miss their favourite shows while on the move. We believe it affirms our continuous focus on innovation and our ability to deliver high quality solutions and services. We are sure that this mobile TV app will be of great interest to our viewers and will ensure our prominent presence in the OTT space.”