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Dish TV Raises $100 Million From PE Firm Apollo Management

Nov 23, 2009 6:14 AM

Direct-to-home service provider Dish TV Ltd today said it is raising $100 million through an issue of global depository receipts, or GDRs, to US-based private equity firm Apollo Management. The company will issue 117,035 GDRs of $854.5 each. Each GDR represents 1,000 underlying equity shares. Post the issue, Apollo will…

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Posted In: Media & Publishing, TV, Satellite, Money, M&A & Venture Capital, Companies, Zee

Govt Announces HITS Policy; Foreign Investment Upto 74% Allowed

Nov 12, 2009 4:45 AM

The Union Cabinet today approved information and broadcasting ministry’s guidelines on Headend In The Sky (HITS), a technology that enables satellite transmission of digital broadcasting signals. Unlike DTH, or direct-to-home technology, HITS requires last mile cable operators to receive signals and transmit it via cable to the consumer’s home. However,…

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Posted In: Legal, Policy, Media & Publishing, TV, Broadcast, Satellite, Countries, Asia, India

Earnings
Dish TV Q4 Net Loss Down 31% On Higher Revenues; FY09 Losses Widen By 16%

Jun 18, 2009 7:39 AM

Dish TV India Ltd, India’s largest direct-to-home service provider by subscribers, today said net loss for the quarter ended 31 March was down 31% y-o-y at Rs78.66 crore on higher revenues. Total income grew 51% y-o-y to Rs207.13 crore. For the fiscal ended 31 March, consolidated net loss widened by…

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Posted In: Media & Publishing, TV, Satellite, Money, Earnings

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