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Dish TV To Get Rs 500 Crore Boost From Videocon D2H Merger
Dish TV expects I&B ministry’s approval for its proposed merger with Videocon D2H in the next 2 weeks.
29 Nov 2017, 07:01 PM IST 
A man LCD televisions at a retail showroom in Bangalore, India (Photographer: Namas Bhojani/Bloomberg)
Dish TV’s proposed merger with Videocon will generate around Rs 500 crore in operating income by March 2020, primarily fuelled by the purchase of set-top boxes, content costs and back-end services, Chief Financial Officer Rajeev Dalmia told BloombergQuint. That will contribute around 7-8 percent of the company’s total revenue, he added.
Dalmia expects an approval from the Ministry Of Information & Broadcasting for the merger to come through in the next two weeks.
Watch the full interview here:
