d2h
d2h is an Indian direct broadcast satellite service provider owned by Dish TV and Videocon. As of December 31, 2017, d2h has a market share of 19% among the pay DTH operators.[4] Dish TV India and d2h merger has been concluded, which has created the largest DTH service provider in the country with a subscriber base of about 29 million.[5][6]
Formerly | Videocon d2h (2009-2018) |
---|---|
Type | Subsidiary of Dish TV & Videocon D2h Limited (previously Bharat Business Channel Limited) |
VDTH on NASDAQ previously | |
Industry | Satellite television |
Fate | Merged into Dish TV |
Founded | June 2009[1] |
Founder | Venugopal Dhoot |
Headquarters | Mumbai, India |
Area served | India |
Key people | |
Products | satellite pay television, pay-per-view, streaming television |
Owner | Dish TV (55%) Videocon (45%) |
Website | d2h |
Technical information
d2h has 10,540 MHz transponders on Satellite ST-2. d2h is aligned at 88° East on the Clarke Belt. d2h uses MPEG-4 technology, which permits high compression for video and DVB-S2 technology, which allows more efficient transmission of satellite signals. It uses H.264 or MPEG-4 Part 10, Advanced Video Coding (MPEG-4 AVC) with DVB S2 digital compression technology, transmitting using ST-2 satellite.
Merger
On 11 November 2016, the Board of Directors of Videocon d2h and Dish TV agreed to an all-stock merger of their DTH operations. The merger has created the largest DTH provider in India with a total valuation of ₹17,000 crore (US$2.4 billion). The merged entity will be called Dish TV Videocon Limited.[7] Dish TV will hold a 55.4% stake in the merged entity, while Videocon d2h will own the remaining shares.[8][6][9]
The merger was approved by the Competition Commission of India (CCI) on 10 May 2017,[10][11] and by the National Company Law Tribunal on 27 July 2017.[9][12] The merger faced uncertainty in January 2018, when Dish TV announced that it was re-evaluating the merger after some of the Videocon Group's lenders petitioned the National Company Law Tribunal to open insolvency proceedings against the company.[13] In February 2018, Dish TV announced that it intended to go through with the merger.[14]
The amalgamation was officially completed on 22 March 2018. The merger made the new combined entity the largest DTH provider in India with around 29 million active subscribers.[6] Dish TV and Videocon d2h reported separate revenue numbers in FY2017. The combined total revenue of the two firms was ₹8,077 crore (US$1.1 billion).[15]
References
- "About Us". videocon d2h. Retrieved 19 July 2016.
- "Dish TV India ropes in marketing heavyweight Anil Dua as group CEO". indiantelevision.com. Retrieved 16 May 2017.
- d2h, Videocon. "Videocon d2h Names Saurabh Dhoot Executive Chairman". www.prnewswire.com. Retrieved 31 July 2020.
- "Performance Indicators Reports". Telecom Regulatory Authority of India. Retrieved 25 May 2018.
- "Dish TV India, Videocon d2h merger completed". economictimes.indiatimes.com. 22 March 2018. Retrieved 22 March 2018.
- "Dish TV plans to continue with Videocon D2H brand - Times of India". The Times of India. Retrieved 25 May 2018.
- Bansal, Shuchi (29 March 2018). "Videocon-DishTV merger set to enjoy benefits of scale". www.livemint.com. Retrieved 25 May 2018.
- "Dish TV, Videocon d2h become one entity". @businessline. Retrieved 25 May 2018.
- India, Press Trust of (27 July 2017). "NCLT approves Dish TV-Videocon D2h merger, to have subscriber base of 27 mn". Business Standard India. Retrieved 18 November 2017.
- Ahluwalia, Harveen (10 May 2017). "Dish TV and Videocon d2h merger gets CCI approval". www.livemint.com/. Retrieved 18 November 2017.
- "CCI approves Dish TV-Videocon merger". The Economic Times. 10 May 2017. Retrieved 25 May 2018.
- "Govt. approves Dish TV merger with Videocond2h". The Hindu. Special Correspondent. 16 December 2017. ISSN 0971-751X. Retrieved 29 December 2017.CS1 maint: others (link)
- Dhanjal, Swaraj Singh (12 January 2018). "Videocon-Dish TV merger may get affected by insolvency case against Videocon Industries". www.livemint.com. Retrieved 11 April 2018.
- "Zee's Dish TV to go ahead with Videocon D2H merger". Hindu Business Line. Retrieved 11 April 2018.
- "Dish TV India, Videocon d2h merger completed". The Economic Times. 22 March 2018. Retrieved 11 April 2018.