The entity resulting from the Videocon-DishTV merger will be called DishTV Videocon and will serve more than 29 million subscribers. Photo: Indranil Bhoumik/MintLast week, direct-to-home (DTH) operator DishTV India Ltd announced the completion of its merger with Videocon d2h Ltd. Announcing the merger, DishTV India’s chairman and managing director Jawahar Goel said that Videocon d2h and DishTV India had become one entity. The combined entity, to be called DishTV Videocon, will serve more than 29 million subscribers. With this merger, the DTH market has consolidated with top three players accounting for 90% share of the paying subscriber base.

Source: Mint March 28, 2018 23:37 UTC