Concall Transcript - Dish TV

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DISH <strong>TV</strong> INDIA LTD 4Q FY2010 TELECONFERENCE MAY 10, 2010 Vikash: Rajeev: Vikash: Rajeev: Vikash: Rajeev: Vikash: Moderator: Hiren: Rajeev: Hiren: Rajeev: Hiren: Rajeev: Okay sir just wanted to understand what was the money raised and money utilized in this quarter because the gross debt and cash positions are the same Well, the money is actually used for subscriber acquisition. How much money in this quarter We had spent around Rs. 575 crores in CapEx for the whole year. Okay and we also had money coming in from the GDR this quarter sir Money from GDR came in during the last quarter. Okay thank you. Thank you. The next question is from the line of Hiren Dasani from Goldman Sachs, please go ahead. Thank you. What was the content cost for the quarter It was around 43% of the subscription revenue. So contribution of about 57% is that correct Yes. In the notes to accounts, there is something called deviation of fund utilization pattern of Rs.264 crores which the board approved, what is that regarding This was regarding the right issue plan of expenses versus the actual utilization because the right issue was planned may be 1.5 Page 14 of 24
DISH <strong>TV</strong> INDIA LTD 4Q FY2010 TELECONFERENCE MAY 10, 2010 years before and in the mean time we had to emphasize more on the subscriber acquisitions. So there was some deviation in the actual plan of expense which we thought of putting in the form of a note and inform the stock exchanges. Hiren: Rajeev: Hiren: Rajeev: Hiren: Jawahar: Hiren: Moderator: Pulakeshin: Okay and one more thing is on the license fee, are we still accounting it at 10% or are we accounting net 6% of the revenues We can’t account it at 6% till the time there is a notification. Okay and last thing is in terms of your ARPU I do not understand how you would exit with Rs.155 Rs.166 is the renewal ARPU, Please understand that we have Rs. 138 as the blended ARPU, which will move to Rs. 155 in March 2011 but Rs. 166 may be Rs. 170 or Rs.168 at that time. Okay. We had added two new packs in the month of March; Silver Saver and Gold Saver. We already have about 10% of our subscriber base on the silver saver whose price is Rs.150. The silver pack has been made into a doormat pack, so these are going to give a good effect on ARPU. Okay thank you. Thank you. The next question is from the line of Pulakeshin Shah from Jaypee Capital, please go ahead. Good morning sir. You current Capex is sufficient for how many numbers of subscribers going forward Page 15 of 24
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Concall Transcript - Dish TV

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