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Dish TV claims full implementation of new tariff order

The DTH operator in its Q3FY19 results reported 2.1% decline in subscription revenues and 6% decline in operating revenues

Dish TV India reported third quarter fiscal 2019 consolidated subscription revenues of Rs 14,126 million, down 2.1% from Rs 14,430 million in the corresponding quarter of the previous year and operating revenues of Rs 15,174 million, 6% down from Q3FY18. EBITDA for the quarter stood at Rs 5,176 million, up 4% YoY. EBITDA margins were at 34.1%, up 330 bps YoY.
The third quarter kept the television industry on its heels with the TRAI Tariff Order approaching its erstwhile deadline and regular business activity picking up speed during the festival period.
An early believer of the Tariff Order, Dish TV India was the first in the industry to partially and voluntarily roll-out the provisions of the Tariff Order by offering a-la-carte channels to its subscribers at affordable prices.
Leading by example, the Company during the quarter leveraged months of pro-active preparedness and research, to kick-start processes that were designed to adopt the Regulation.
However, with the implementation getting pushed back by a month to February 1, 2019, subscription recharge was hit by ambiguity and indecisiveness on the part of the subscribers.
Jawahar Goel, CMD, Dish TV, said, “I am glad that all opposition to the Tariff Order has now finally been put to rest. We continue to strongly believe that the Regulation should minimise discriminatory pricing by ensuring a level playing field between cable and DTH platforms and should be beneficial for the entire industry thus leading to higher earnings going forward.”
Anil Dua, Group CEO, Dish TV, said, “The Interconnection Regulations and Tariff Order, as notified by TRAI, will lay down new norms for the television industry ushering in an era of growth, transparency and non-discrimination.

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