Company:d2h
 | |
| Formerly | Videocon d2h (2009–2018) |
|---|---|
| Type | Subsidiary of Dish TV |
| VDTH on NASDAQ previously | |
| Industry | Satellite television |
| Founded | June 2009[1] |
| Founder | Saurabh Dhoot[2] |
| Headquarters | Mumbai , India |
Area served | India |
Key people | |
| Products | satellite pay television, pay-per-view, streaming television |
| Owner | Dish TV |
| Website | d2h |
d2h (Formerly Videocon d2h) is an Indian direct broadcast satellite service provider owned by Dish TV. As of December 31, 2017, d2h has a market share of 19% among the pay DTH operators.[5] Dish TV India and d2h merger has been concluded, which had created the largest DTH service provider in the country with a subscriber base of about 29 million at the time of merger.[6][7]
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.[8] Dish TV will hold a 55.4% stake in the merged entity, while Videocon d2h will own the remaining shares.[9][7][10]
The merger was approved by the Competition Commission of India (CCI) on 10 May 2017,[11][12] and by the National Company Law Tribunal on 27 July 2017.[10][13] 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.[14] In February 2018, Dish TV announced that it intended to go through with the merger.[15]
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.[7] 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).[16]
References
- ↑ "About Us". videocon d2h. http://www.videocond2h.com/wsc/about.aspx.
- ↑ d2h, Videocon. "Registration Statement under the securities act 1933 Videocon d2h Ltd" (in en). https://www.sec.gov/Archives/edgar/data/1629220/000114420415015960/v403848_f4a.htm.
- ↑ "Dish TV India ropes in marketing heavyweight Anil Dua as group CEO". indiantelevision.com. http://www.indiantelevision.com/dth/dth-operator/dish-tv-india-ropes-in-marketing-heavyweight-anil-dua-as-group-ceo-170516.
- ↑ d2h, Videocon. "Videocon d2h Names Saurabh Dhoot Executive Chairman" (in en). https://www.prnewswire.com/news-releases/videocon-d2h-names-saurabh-dhoot-executive-chairman-300082414.html.
- ↑ "Performance Indicators Reports" (in en). Telecom Regulatory Authority of India. http://trai.gov.in/release-publication/reports/performance-indicators-reports.
- ↑ "Dish TV India, Videocon d2h merger completed". economictimes.indiatimes.com. 22 March 2018. https://economictimes.indiatimes.com/industry/media/entertainment/media/dish-tv-india-videocon-d2h-merger-completed/articleshow/63414778.cms.
- ↑ 7.0 7.1 7.2 "Dish TV plans to continue with Videocon D2H brand – Times of India". The Times of India. https://timesofindia.indiatimes.com/business/india-business/dish-tv-plans-to-continue-with-videocon-d2h-brand/articleshow/64022878.cms.
- ↑ Bansal, Shuchi (2018-03-29). "Videocon-DishTV merger set to enjoy benefits of scale". www.livemint.com. https://www.livemint.com/Opinion/uFvAQCYWZwaNKuyMmB2EGM/Videocon-DishTV-merger-set-to-enjoy-benefits-of-scale.html.
- ↑ "Dish TV, Videocon d2h become one entity" (in en). @businessline. https://www.thehindubusinessline.com/news/dish-tv-videocon-d2h-become-one-entity/article23323731.ece.
- ↑ 10.0 10.1 "NCLT approves Dish TV-Videocon D2h merger, to have subscriber base of 27 mn". 27 July 2017. http://www.business-standard.com/article/companies/nclt-approves-dish-tv-videocon-d2h-merger-to-have-subscriber-base-of-27-mn-117072701774_1.html.
- ↑ Ahluwalia, Harveen (10 May 2017). "Dish TV and Videocon d2h merger gets CCI approval". http://www.livemint.com/Companies/FULbZN0PRVxgPcBVeI0nEN/Dish-TV-and-Videocond2h-merger-gets-CCI-approval.html.
- ↑ "CCI approves Dish TV-Videocon merger". The Economic Times. 2017-05-10. https://economictimes.indiatimes.com/industry/media/entertainment/media/cci-approves-dish-tv-videocon-merger/articleshow/58610594.cms.
- ↑ "Govt. approves Dish TV merger with Videocond2h" (in en-IN). The Hindu. 2017-12-16. ISSN 0971-751X. http://www.thehindu.com/business/Industry/govt-approves-dish-tv-merger-with-videocond2h/article21823209.ece.
- ↑ Dhanjal, Swaraj Singh (12 January 2018). "Videocon-Dish TV merger may get affected by insolvency case against Videocon Industries". https://www.livemint.com/Companies/A4THURMxplzY6ymJuqbPJK/Videocon-Dish-TV-merger-may-get-affected-by-insolvency-case.html.
- ↑ "Zee's Dish TV to go ahead with Videocon D2H merger" (in en). https://www.thehindubusinessline.com/news/zees-dish-tv-to-go-ahead-with-videocon-d2h-merger/article22681521.ece.
- ↑ "Dish TV India, Videocon d2h merger completed". 22 March 2018. https://economictimes.indiatimes.com/industry/media/entertainment/media/dish-tv-india-videocon-d2h-merger-completed/articleshow/63414778.cms.
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