Dish TV Q3 net loss widens to Rs 44.88 cr
"In the third quarter, apart from the usual additional spends typically experienced due to the festive season, additionally this year, the company's investments to capitalise on the digitisation opportunity are also reflected in higher costs during the quarter," Dish TV Managing Director Jawahar Goel said.
Dish TV added 8.29 lakh new subscribers, achieving a total of 1.47 crore (gross) and 1.05 crore (net) subscribers in the quarter ended December 31, 2012.
"In line with our expectation, we witnessed significant subscriber uptake around the sunset date of October 31, 2012. Dish TV achieved the largest share of 28 per cent amongst DTH platforms in the digitisation territories," he said. Subscription revenues for the quarter stood at Rs 494.3 crore, a growth of 16.2 per cent compared to the same period last fiscal.
The per Subscriber Acquisition Cost (SAC) was recorded at Rs 2,201 compared to Rs 2,273 in the immediately preceding quarter, the statement said.
"A larger base did create pressure on the average revenue per user which, primarily supported by price hike in the second quarter, increased marginally to Rs 160," Goel said. The
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