619,000 new subscribers in the first quarter of the year. This is the new record, never attained in 20 quarters by the Indian DTH provider. It has also moved into positive EBIT (Earnings Before Interest and Taxes) territory for the first time.
The DHT industry is constantly expanding. Motivated by the government, they have to stick to the deadline for implementation of digital addressable system (DAS) in Phase III. Bharti Airtel is also following this track in its activities.
In the quarter to March 31st Airtel Digital TV added 619,000 new subs, over the full year it added 1.65 million net new subs, and takes its total to 11.72 million subscribers. The previous full year saw it add 1.06 million. This shows a monthly growth of 0.1 per cent, i.e, from 0.7 to 0.8 percent.
To recall, Airtel Digital offers viewers more than 500 channels, including 42 HD channels.