This merger, when finalised, will help Airtel grow its revenue in the non-mobile segment.
”We are also working towards an auction of FM radio stations this year. We hope to take FM radio to Tier 2 and Tier 3 cities this year,” he said addressing the Broadcast Engineering Society Expo here.He said though there were a large number of FM radio stations, the service covered only 60 per cent of the country.
The authority has sought stakeholder inputs on matters ranging from doing away with the ceiling price for a channel to be included in a bouquet to suggestions for ensuring that popular TV channels remain accessible for a large number of viewers
The changes introduced in the policy included increase in sectoral caps, bringing more activities under automatic route and easing of conditionalities for foreign investment.
The direct-to-home players are expected to get a big share of the digitisation market in the phase IV areas as the fragmented market will not be profitable for cable operators, says rating agency ICRA.
In an interview with CNBC-TV18, Subramaniam says he does not see the digitisation deadline being extended. He expects to the current financial year with 45-50 lakh subscribers and says the full benefit of digitisation will be seen in FY17.
"The company at its meeting today approved the appointment of Arun Kumar Kapoor as the CEO of the company with effect from November 23, 2015", Dish TV said in a BSE filing.
It had posted a loss of Rs 61.36 crore during the same quarter last fiscal, Videocon d2h said in a filing before the United States Securities and Exchange Commission.
Dish TV managed to lower its net loss at Rs 2.8 crore in the third quarter from Rs 38 crore in the year-ago period, supported by strong operational performance.
Dish TV is likely to report a loss of Rs 5 crore in the third quarter of FY15 against loss of Rs 38 crore in the year-ago period, according to the average of estimates of analysts polled by CNBC-TV18.
The company's DTH business witnessed a strong quarter with 34 percent growth y-o-y. It has maintained its FY14 capex guidance of USD 2.5 billion.
Direct to home (DTH) service provider Dish TV rallied nearly 3 percent on Friday after the company said it would increase pack prices by 10 percent. The price hike will be effective from April 4, 2013, the company said.
Bharat Business Channel, direct to home TV arm of Videocon Group, has received the go-ahead from market regulator Sebi for its proposed Rs 700 crore initial public offering.
In an interview with CNBC-TV18, Portfolio Manager PN Vijay picks two stocks as his multi-baggers for the day. Vijay chooses Syndicate Bank and Sun TV with targets of Rs 170 and Rs 550, respectively, for the next twelve months.
India's first direct to home (DTH) service provider Dish TV recorded a net loss at Rs 44.8 crore in the third quarter of financial year 2012-13 as against net profit of Rs 55 crore in previous quarter, sending shares down more than 6 percent intraday on Tuesday.
India's advanced communication satellite GSAT-10 was successfully launched early today on board Ariane-5 rocket from Europe's spaceport in French Guiana.
As the July 1 deadline for digitisation in Delhi, Mumbai, Kolkata and Chennai approaches, direct-to-home or DTH operators see this as a huge opportunity to increase their subscriber base.
The only important announcement for the M&E sector was that service tax would now not be applicable on copyrights relating to the recording of cinematograph films.
Tamil Nadu State Assembly imposed a 30% entertainment tax on direct-to-home (DTH) services. This could have a rippling effect on channel biggies such as Sun TV, Raj TV and Dish TV, reports Ekta of CNBC-TV18.
The Prasar Bharati board today approved further expansion of Direct to Home (DTH) platform of Doordarshan, so as to reach 150 channels by December.
In an interview with CNBC-TV18, RC Venkatesh, CEO of Dish TV says reports that the company falling under the IT department's tax evasion scanner are unfounded.
Direct-to-home (DTH) satellite TV service provider Dish TV India’s first quarter net loss narrowed 71% from a year ago to Rs 18.32 crore, on the back of strong growth in revenue and subscriber additions.
Leading direct-to-home (DTH) service provider, Reliance Digital TV (RDTV), has launched an exclusive educational interactive service ''iKids'' especially for its young audience.