Dish TV sitting on $200m

Rose Major ©RapidTVNews | 14-03-2010

Indian DTH platform Dish TV has completed its rights issue and now has some Rs9 billion (US$200 million) in cash to help finance its growth.

Market leader in India’s thriving DTH sector, the Essel/Zee-backed Dish TV has been raising the money over the last few months in order to fund subscriber acquisitions. The platform has rebranded and losses are heading downwards.

Dish TV now counts around 6 million subscribers and is targeting some 3 million more.

© Rapid TV News 2010

 

Dish TV-Zee TV-Essel-India DTH

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