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Tag: Videocon d2h

  • Videocon d2h enhances video expereince with Cisco Virtual DCM

    Videocon d2h enhances video expereince with Cisco Virtual DCM

    MUMBAI: Cisco today announced that Videocon d2h India’s leading DTH platform has selected the Cisco Virtual DCM® to provide its subscribers with superior video experiences. The deployment provides Videocon d2h with a flexible infrastructure and simplified operations for advanced video processing functionality taking advantage of virtualization and orchestration from Cisco’s Virtualized Video Processing (V2P) platform. The Virtual DCM provides Videocon d2h the bandwidth efficiencies to deploy new services and meet ever-increasing consumer demands for 4K, multiscreen, OTT and Cloud DVR. The Cisco Visual Networking Index Forecast 2015-2020 predicts that by 2020, 82% of IP traffic by will be video, and 50% of IP video traffic will be HD/UHD, and mobile devices will drive most of the growth, making 43% of IP traffic. With availability of more content for an ever ­­­­­increasing number of video-enabled devices, it is critical to maximize video delivery over available bandwidth and multiple networks.

    Videocon d2h executive director Saurabh Dhoot said, “Our association with V2P platform of Cisco provides us the ability to enhance, extend and enrich video offerings so that today’s consumers receive more immersive and personalized viewing experience. Our focus is on innovating and extending the service offerings like 4K UHD, OTT as per the changing preference thus enriching viewing pleasure.”

    “The time is right to capitalize on the unprecedented opportunities presented by the wave of digitization in the country. When it comes to customer service, digitization empowers us to better understand our customers.” said Videocon d2h CEO Anil Khera. “We are committed to creating the highest-quality consumer experience. 4K content is the future and with this development we are completely geared up and future-ready to embark on the cloud journey. We look forward to working closely with Cisco on the implementation of the solution to provide better consumer experience.” he added

    “Today digital platforms are changing the way people experience television. Cisco’s V2P solutions help our customers meet the ever-changing demands of the video industry. Cisco is providing Videocon d2h with a platform to transform its business in India to develop and deliver dynamic, secure new services with the agility and speed necessary to stay ahead of competition. Our association with Videocon reflects our continued commitment to deliver the right IT platform to enhance their customer service and loyalty” said Cisco India & SAARC service provider business MD Sanjay Kaul.

  • Videocon d2h enhances video expereince with Cisco Virtual DCM

    Videocon d2h enhances video expereince with Cisco Virtual DCM

    MUMBAI: Cisco today announced that Videocon d2h India’s leading DTH platform has selected the Cisco Virtual DCM® to provide its subscribers with superior video experiences. The deployment provides Videocon d2h with a flexible infrastructure and simplified operations for advanced video processing functionality taking advantage of virtualization and orchestration from Cisco’s Virtualized Video Processing (V2P) platform. The Virtual DCM provides Videocon d2h the bandwidth efficiencies to deploy new services and meet ever-increasing consumer demands for 4K, multiscreen, OTT and Cloud DVR. The Cisco Visual Networking Index Forecast 2015-2020 predicts that by 2020, 82% of IP traffic by will be video, and 50% of IP video traffic will be HD/UHD, and mobile devices will drive most of the growth, making 43% of IP traffic. With availability of more content for an ever ­­­­­increasing number of video-enabled devices, it is critical to maximize video delivery over available bandwidth and multiple networks.

    Videocon d2h executive director Saurabh Dhoot said, “Our association with V2P platform of Cisco provides us the ability to enhance, extend and enrich video offerings so that today’s consumers receive more immersive and personalized viewing experience. Our focus is on innovating and extending the service offerings like 4K UHD, OTT as per the changing preference thus enriching viewing pleasure.”

    “The time is right to capitalize on the unprecedented opportunities presented by the wave of digitization in the country. When it comes to customer service, digitization empowers us to better understand our customers.” said Videocon d2h CEO Anil Khera. “We are committed to creating the highest-quality consumer experience. 4K content is the future and with this development we are completely geared up and future-ready to embark on the cloud journey. We look forward to working closely with Cisco on the implementation of the solution to provide better consumer experience.” he added

    “Today digital platforms are changing the way people experience television. Cisco’s V2P solutions help our customers meet the ever-changing demands of the video industry. Cisco is providing Videocon d2h with a platform to transform its business in India to develop and deliver dynamic, secure new services with the agility and speed necessary to stay ahead of competition. Our association with Videocon reflects our continued commitment to deliver the right IT platform to enhance their customer service and loyalty” said Cisco India & SAARC service provider business MD Sanjay Kaul.

  • Videocon d2h brings on Zee’s global news channel WION

    Videocon d2h brings on Zee’s global news channel WION

    MUMBAI: Zee Media has launched its new English news channel Wion on 15 August with the aim of going beyond the banal news. Headed by Rohit Gandhi, the channel is accessible via satellite in 37 countries.

    In India, it is available on Dish TV (channel no 605), Reliance Digital TV (channel no 459), Tata Sky (channel no 628) and Airtel Digital TV (channel no 999). The channel position on Airtel Digital TV is temporary.

    Videocon d2h – which has a library of 570 plus channels and services – has now added WION to that list on channel no 367.

    “We have been relentless in our pursuit to gratify our customers with an exceptional viewing experience,” said Videocon d2h executive chairman Saurabh Dhoot. “With this addition, subscribers of Videocon d2h will have one more opportunity to stay informed with the latest headlines and breaking news from the network”

    Videocon d2h CEO Anil Khera added: “Videocon d2h has been extremely aggressive and innovative when it comes to technology upgrades, new content offerings and launching new services all in an effort to keep ahead of current industry trends. Addition of Z Wion is fulfillment of our promise to provide the best channels and content across all genres.”

    It offers a wide range of active services like smart services including Smart English, Smart Games. The other active services include d2h Hollywood HD, d2h music, d2h spice, d2h cinema in both Standard Definition and HD, etc.

    The channel is also available on Siti Cable connections in Mumbai, Delhi, Bangalore, Indore and Kolkata whereas DEN Networks is carrying the channel in Mumbai and Kolkata.

  • Videocon d2h brings on Zee’s global news channel WION

    Videocon d2h brings on Zee’s global news channel WION

    MUMBAI: Zee Media has launched its new English news channel Wion on 15 August with the aim of going beyond the banal news. Headed by Rohit Gandhi, the channel is accessible via satellite in 37 countries.

    In India, it is available on Dish TV (channel no 605), Reliance Digital TV (channel no 459), Tata Sky (channel no 628) and Airtel Digital TV (channel no 999). The channel position on Airtel Digital TV is temporary.

    Videocon d2h – which has a library of 570 plus channels and services – has now added WION to that list on channel no 367.

    “We have been relentless in our pursuit to gratify our customers with an exceptional viewing experience,” said Videocon d2h executive chairman Saurabh Dhoot. “With this addition, subscribers of Videocon d2h will have one more opportunity to stay informed with the latest headlines and breaking news from the network”

    Videocon d2h CEO Anil Khera added: “Videocon d2h has been extremely aggressive and innovative when it comes to technology upgrades, new content offerings and launching new services all in an effort to keep ahead of current industry trends. Addition of Z Wion is fulfillment of our promise to provide the best channels and content across all genres.”

    It offers a wide range of active services like smart services including Smart English, Smart Games. The other active services include d2h Hollywood HD, d2h music, d2h spice, d2h cinema in both Standard Definition and HD, etc.

    The channel is also available on Siti Cable connections in Mumbai, Delhi, Bangalore, Indore and Kolkata whereas DEN Networks is carrying the channel in Mumbai and Kolkata.

  • CNBCTV18 says Dish TV India-Videocon d2h deal nearing closure

    CNBCTV18 says Dish TV India-Videocon d2h deal nearing closure

    MUMBAI: The two companies reportedly involved have denied that they are in any talks for a merger.

    But the news that they are courting each other keeps resurfacing again and again.

    And it has done once more.

    This time it’s CNBCTV18 which yesterday reported that Dish TV India is in the final stages of acquiring Videocon d2h to create India’s largest direct to home (DTH) television company with a humungous 45 per cent market share.

    The financial news channel, quoting sources, stated that the swap ratio is expected to be 4:5; that Videocon d2h shareholders will get four shares of Dish TV India for every five shares of Videoncon d2h. Quoting sources it further said that the deal is likely to be a cash and share-swap one which will be used by the promoter Dhoot family to pay off the lenders of the debt-laden Videocon group, who have been questioning its ability to service its debt.

    The deal values Videocon d2h at Rs 8,000 crore (more than its current valuation of Rs 6,500 crore), even as Dish TV value is valued at Rs 10,000 crore, reported both CNBCTV18 and moneycontrol.com.

    Again no denial or confirmation of the merger conversation was available to indiantelevision.com at the time of writing.

  • CNBCTV18 says Dish TV India-Videocon d2h deal nearing closure

    CNBCTV18 says Dish TV India-Videocon d2h deal nearing closure

    MUMBAI: The two companies reportedly involved have denied that they are in any talks for a merger.

    But the news that they are courting each other keeps resurfacing again and again.

    And it has done once more.

    This time it’s CNBCTV18 which yesterday reported that Dish TV India is in the final stages of acquiring Videocon d2h to create India’s largest direct to home (DTH) television company with a humungous 45 per cent market share.

    The financial news channel, quoting sources, stated that the swap ratio is expected to be 4:5; that Videocon d2h shareholders will get four shares of Dish TV India for every five shares of Videoncon d2h. Quoting sources it further said that the deal is likely to be a cash and share-swap one which will be used by the promoter Dhoot family to pay off the lenders of the debt-laden Videocon group, who have been questioning its ability to service its debt.

    The deal values Videocon d2h at Rs 8,000 crore (more than its current valuation of Rs 6,500 crore), even as Dish TV value is valued at Rs 10,000 crore, reported both CNBCTV18 and moneycontrol.com.

    Again no denial or confirmation of the merger conversation was available to indiantelevision.com at the time of writing.

  • Q1-17: Videocon d2h reports PAT, 15.5percent subscriber growth

    Q1-17: Videocon d2h reports PAT, 15.5percent subscriber growth

    BENGALURU: Videocon d2h is the second listed Indian DTH player to report a profit after tax (PAT), after the Essel group’s Dish TV that turned the numbers black last year. Videocon d2h reported PAT of Rs 2.7 crore for the quarter ended 30 June 2016 (Q1-17, current quarter). For the corresponding year ago quarter (Q1-16), the company had reported a loss of Rs 24.4 crore and for the immediate trailing quarter (Q4-16) reported loss was Rs 21.2 crore.

    The DTH major also reported 15.5 percent year-over-year (y-o-y) growth in net subscriber number growth at 122.9 lakh for Q1-17 as compared to 106.4 lakh and a 3.6 percent quarter-over-quarter (q-o-q) growth from118.6 lakh. Average revenue per user (ARPU) in the current quarter increased to Rs 219 from Rs 205 in Q1-16 and from Rs 214 in the immediate trailing quarter.

    Subscriber acquisition cost (SAC) in Q1-17 was higher at Rs 1,872 as compared to Rs 1,793 in Q1-16 and Rs 1,776 in Q4-16.

    Subscriber monthly churn in the current quarter was 0.49 percent; in Q1-16 it was slightly lower at 0.46 percent, while in the immediate trailing quarter it was much higher at 0.58 percent.

    Videocon d2h reported 23.5 percent y-o-y growth in total revenue from operations for Q1-17 at Rs 818.5 crore as compared to Rs 662.8 crore and a 6.1 percent q-o-q growth from Rs 771.5 crore.

    DAS III and IV are sunshine periods for the television carriage industry. Activation revenues have been adding to the top lines and bottom lines of most of the players. Videocon d2h subscription and activation revenue in the current quarter increased 23.9 percent y-o-y to Rs 752.3 crore from Rs 607.3 crore and increased 6.6 percent q-o-q from Rs 705.6 crore.

    Commenting on the results and company outlook, Videocon d2h executive chairman Saurabh Dhoot, said, “I’m delighted to share that the first quarter of fiscal 2017 has been a landmark quarter for our Company in its enduring journey. In this quarter, we have had a positive profit after tax and achieved free cash flow breakeven. This is a great achievement.

    “In line with our focus on paying down term loans, the Company recently pre-paid further term loans, strengthening our balance sheet further. We have significantly de-levered our balance sheet and become a stronger company going from strength to strength, reducing term loans by around $200 million since our IPO, with over $ 55 million repaid in the current fiscal year.”

    Speaking on the results, Videocon d2h CEO Anil Khera said, “We are happy to report that Adjusted EBITDA for the first quarter of fiscal year 2017 grew 32.4 percent year on year, which is primarily a result of strong subscriber growth, higher revenue realizations and better operating margins. During the quarter, we expanded our retail network in areas that come under India’s Phase III and Phase IV Digitalization program. We are happy to announce our strategic tie-up with Vodafone to enable recharge using their well-established m-pesa digital wallet and at Vodafone outlets, as it will give our customers an easy and efficient way to recharge their d2h account at their convenience.”

    Let us look at some of the other metrics reported by Videocon d2h

    Adjusted EBIDTA grew 32.4 percent y-o-y to Rs 251.9 crore (30.8 percent margin) from Rs 190.3 crore (28.7 percent margin) and grew 15 percent q-o-q from Rs 219.1 crore (28.4 percent margin). Videocon d2h reports that EBIDTA per subscriber has increased to Rs 70 in Q1-17 from Rs 61 in Q1-16 and from Rs 63 in Q4-16.

    Content costs margin in Q1-17 has reduced to 36.1 percent as compared to 37 percent in the corresponding year ago quarter and 37.5 percent in the immediate trailing quarter.

    Total expense in Q1-17 increased 19.7 percent y-o-y to Rs 739.8 crore from Rs 618.1 crore and increased 3.8 percent from Rs 721.8 crore.

    Selling and distribution expense in the current quarter increased 25.7 percent y-o-y to Rs 64 crore from Rs 50.9 crore, but declined 3.6 percent q-o-q from Rs 66.4 crore.

    Employee benefit expense in Q1-17 was 4 percent higher at Rs 32.2 crore as compared to Rs 30.9 crore in Q1-16 and 10.7 percent more than the Rs 29.1 crore in Q4-16.

    Net finance cost in Q1-17 was Rs 75.9 crore (9.3 percent of revenue from operations); in Q1-16 net finance cost was Rs 76.5 crore (11.5 percent of revenue from operations) and in Q4-16 it was Rs 77.8 crore (10.1 percent of revenue from operations).

    The company had term loans of Rs 2,187 crore and total cash and short term investments of Rs 612 crore as of June 30, 2016. Videocon d2h says that it has repaid term loans amounting to Rs 387 crore in the current fiscal year. With this, it has reduced total term loans by over Rs 1,300 crore since its IPO.

  • Q1-17: Videocon d2h reports PAT, 15.5percent subscriber growth

    Q1-17: Videocon d2h reports PAT, 15.5percent subscriber growth

    BENGALURU: Videocon d2h is the second listed Indian DTH player to report a profit after tax (PAT), after the Essel group’s Dish TV that turned the numbers black last year. Videocon d2h reported PAT of Rs 2.7 crore for the quarter ended 30 June 2016 (Q1-17, current quarter). For the corresponding year ago quarter (Q1-16), the company had reported a loss of Rs 24.4 crore and for the immediate trailing quarter (Q4-16) reported loss was Rs 21.2 crore.

    The DTH major also reported 15.5 percent year-over-year (y-o-y) growth in net subscriber number growth at 122.9 lakh for Q1-17 as compared to 106.4 lakh and a 3.6 percent quarter-over-quarter (q-o-q) growth from118.6 lakh. Average revenue per user (ARPU) in the current quarter increased to Rs 219 from Rs 205 in Q1-16 and from Rs 214 in the immediate trailing quarter.

    Subscriber acquisition cost (SAC) in Q1-17 was higher at Rs 1,872 as compared to Rs 1,793 in Q1-16 and Rs 1,776 in Q4-16.

    Subscriber monthly churn in the current quarter was 0.49 percent; in Q1-16 it was slightly lower at 0.46 percent, while in the immediate trailing quarter it was much higher at 0.58 percent.

    Videocon d2h reported 23.5 percent y-o-y growth in total revenue from operations for Q1-17 at Rs 818.5 crore as compared to Rs 662.8 crore and a 6.1 percent q-o-q growth from Rs 771.5 crore.

    DAS III and IV are sunshine periods for the television carriage industry. Activation revenues have been adding to the top lines and bottom lines of most of the players. Videocon d2h subscription and activation revenue in the current quarter increased 23.9 percent y-o-y to Rs 752.3 crore from Rs 607.3 crore and increased 6.6 percent q-o-q from Rs 705.6 crore.

    Commenting on the results and company outlook, Videocon d2h executive chairman Saurabh Dhoot, said, “I’m delighted to share that the first quarter of fiscal 2017 has been a landmark quarter for our Company in its enduring journey. In this quarter, we have had a positive profit after tax and achieved free cash flow breakeven. This is a great achievement.

    “In line with our focus on paying down term loans, the Company recently pre-paid further term loans, strengthening our balance sheet further. We have significantly de-levered our balance sheet and become a stronger company going from strength to strength, reducing term loans by around $200 million since our IPO, with over $ 55 million repaid in the current fiscal year.”

    Speaking on the results, Videocon d2h CEO Anil Khera said, “We are happy to report that Adjusted EBITDA for the first quarter of fiscal year 2017 grew 32.4 percent year on year, which is primarily a result of strong subscriber growth, higher revenue realizations and better operating margins. During the quarter, we expanded our retail network in areas that come under India’s Phase III and Phase IV Digitalization program. We are happy to announce our strategic tie-up with Vodafone to enable recharge using their well-established m-pesa digital wallet and at Vodafone outlets, as it will give our customers an easy and efficient way to recharge their d2h account at their convenience.”

    Let us look at some of the other metrics reported by Videocon d2h

    Adjusted EBIDTA grew 32.4 percent y-o-y to Rs 251.9 crore (30.8 percent margin) from Rs 190.3 crore (28.7 percent margin) and grew 15 percent q-o-q from Rs 219.1 crore (28.4 percent margin). Videocon d2h reports that EBIDTA per subscriber has increased to Rs 70 in Q1-17 from Rs 61 in Q1-16 and from Rs 63 in Q4-16.

    Content costs margin in Q1-17 has reduced to 36.1 percent as compared to 37 percent in the corresponding year ago quarter and 37.5 percent in the immediate trailing quarter.

    Total expense in Q1-17 increased 19.7 percent y-o-y to Rs 739.8 crore from Rs 618.1 crore and increased 3.8 percent from Rs 721.8 crore.

    Selling and distribution expense in the current quarter increased 25.7 percent y-o-y to Rs 64 crore from Rs 50.9 crore, but declined 3.6 percent q-o-q from Rs 66.4 crore.

    Employee benefit expense in Q1-17 was 4 percent higher at Rs 32.2 crore as compared to Rs 30.9 crore in Q1-16 and 10.7 percent more than the Rs 29.1 crore in Q4-16.

    Net finance cost in Q1-17 was Rs 75.9 crore (9.3 percent of revenue from operations); in Q1-16 net finance cost was Rs 76.5 crore (11.5 percent of revenue from operations) and in Q4-16 it was Rs 77.8 crore (10.1 percent of revenue from operations).

    The company had term loans of Rs 2,187 crore and total cash and short term investments of Rs 612 crore as of June 30, 2016. Videocon d2h says that it has repaid term loans amounting to Rs 387 crore in the current fiscal year. With this, it has reduced total term loans by over Rs 1,300 crore since its IPO.

  • Govt earns over Rs 2,400 crore as licence fee from DTH players in 3 years: Rathore

    Govt earns over Rs 2,400 crore as licence fee from DTH players in 3 years: Rathore

    NEW DELHI: A sum of Rs 2400.45 crore has been earned by the government from licence fee from the six private direct-to-home players in the last three years.

    Lok Sabha was told in a written reply by Minister of State for Ministry of Information and Broadcasting (MIB) that while “there is no restriction on the total number of DTH licenses, no new application has been received in the Ministry for grant of DTH license.”

    He said that a sum of Rs Rs.836.52 crores was earned in 2014-15, while the revenue from licence for 2015-16 was Rs.816.15 crores and for 2016-17 was Rs.747.78 crores.

    The Ministry has granted license to six private companies: Dish TV India Limited; Tata Sky Limited; Sun Direct TV Pvt. Limited; Reliance BIG TV Limited; Bharti Telemedia Limited and Videocon d2h Limited

    In addition, pubcaster Doordarshan provides a free-to-air DTH services in the country from its platform Freedish, which only requires a one-time investment in purchasing the dish and linked set-top-box.

    DTH licenses, under the DTH guidelines, are granted to those companies which fulfill the eligibility criteria, terms and conditions and are subject to security clearance and technical clearances by the appropriate authorities of the government. The details are available on the website of this Ministry at www.mib.gov.in.

    In a related development, broadcast carriage regulator TRAI has set in motion a consultation process to explore whether the private DTH operators and other distribution platforms can share infrastructure so as to optimise their usage and reduce overall cost.

    The TRAI proposal has elicited mixed response from DTH operators till now, while Hong Kong-based Asian pay TV industry organisation CASBAA has opposed any government or regulator mandated sharing on the ground that consumers will not benefit ultimately, apart from other reasons.

  • Govt earns over Rs 2,400 crore as licence fee from DTH players in 3 years: Rathore

    Govt earns over Rs 2,400 crore as licence fee from DTH players in 3 years: Rathore

    NEW DELHI: A sum of Rs 2400.45 crore has been earned by the government from licence fee from the six private direct-to-home players in the last three years.

    Lok Sabha was told in a written reply by Minister of State for Ministry of Information and Broadcasting (MIB) that while “there is no restriction on the total number of DTH licenses, no new application has been received in the Ministry for grant of DTH license.”

    He said that a sum of Rs Rs.836.52 crores was earned in 2014-15, while the revenue from licence for 2015-16 was Rs.816.15 crores and for 2016-17 was Rs.747.78 crores.

    The Ministry has granted license to six private companies: Dish TV India Limited; Tata Sky Limited; Sun Direct TV Pvt. Limited; Reliance BIG TV Limited; Bharti Telemedia Limited and Videocon d2h Limited

    In addition, pubcaster Doordarshan provides a free-to-air DTH services in the country from its platform Freedish, which only requires a one-time investment in purchasing the dish and linked set-top-box.

    DTH licenses, under the DTH guidelines, are granted to those companies which fulfill the eligibility criteria, terms and conditions and are subject to security clearance and technical clearances by the appropriate authorities of the government. The details are available on the website of this Ministry at www.mib.gov.in.

    In a related development, broadcast carriage regulator TRAI has set in motion a consultation process to explore whether the private DTH operators and other distribution platforms can share infrastructure so as to optimise their usage and reduce overall cost.

    The TRAI proposal has elicited mixed response from DTH operators till now, while Hong Kong-based Asian pay TV industry organisation CASBAA has opposed any government or regulator mandated sharing on the ground that consumers will not benefit ultimately, apart from other reasons.