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Concall Transcript - Dish TV

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DISH <strong>TV</strong> INDIA LTD 4Q FY2010 TELECONFERENCE MAY 10, 2010<br />

Shishir:<br />

Rajeev:<br />

Shishir:<br />

Moderator:<br />

Shubham:<br />

Jawahar:<br />

Okay. And second, if I understand it right this business is a<br />

negative working capital; I am talking about just the business part<br />

Yes it is.<br />

Thank you that is it.<br />

Thank you. The next question is a follow up from the line<br />

Shubham Majumdar from Macquarie, please go ahead.<br />

Just thought that I will grab your attention towards the economics<br />

of the HD services. I understand that customers are actually paying<br />

much higher in terms of the initial commitment from their end for<br />

the set-top box. What exactly is the economics of the HD services<br />

that we are rolling out relative to what we have seen in the past<br />

from the normal customer base Is it a significantly better option in<br />

terms of economics<br />

You see one company has already done it and they are charging<br />

Rs.100 extra per month for HD subscriber and two or three HD<br />

channels. I think we will have to leave some space for this<br />

category to at least take off; the set-top box has not taken off yet.<br />

2,000 is a very insignificant number to talk about and let me tell<br />

you that HD and all such things are futuristic. The broadcaster has<br />

to have their channels broadcast in high definition. The consumer<br />

also has to have their high-definition display device television and<br />

also they should be willing to pay for it. So it is a long way to go, I<br />

think it will take at least two years to become a significant<br />

proposition. So, at this moment we are not that worried except that<br />

we have to launch and be ready in the market very soon.<br />

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