India’s and Asia’s no.1 DTH player at point of inflexion as India’s cable and satellite market is undergoing a paradigm shift from analog to digital and it’s a great opportunity for DTH players to capture a significant share from local cable operators by offering a customised product plans at different price points. The main beneficiaries in our opinion in this transition will be those DTH companies which has pan India distribution network. Dish TV with network of over 114,000 dealers located across 8,500+ towns in India and is well poised to make most of the opportunity in coming days. EBITDA for the company is expected to increase significantly by FY14 due to strong subscriber base growth and higher ARPUs and therefore is a strong BUY.
Yogesh Z: I am an MBA finance professional and currently working for financial services boutique firm. I am an investor in the Indian Stock Market for more than 8 yrs.