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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 />

Sameer:<br />

Jawahar:<br />

Sameer:<br />

Moderator:<br />

Aditya:<br />

Just one follow-up question. In terms of subscriber acquisitions,<br />

what do you think is driving the subscriber additions because we<br />

are seeing advertisements spends pretty much trending down, the<br />

commission speed have trended down, especially in a scenario<br />

where we are seeing increase in competitive intensity, we are<br />

seeing our telecom operators who are having DTH business pretty<br />

much offering set-top boxes at less than Rs.1000, so in this kind of<br />

a scenario how do you expect to compete with them especially if<br />

the ad spends and the commissions are trending lower<br />

During the last financial year the category had spent around Rs.<br />

650 crores on marketing and customer education. We had also<br />

spent around 15% of that. No other competing category is<br />

spending on customer education. Moreover, our offers and<br />

packaging tier etc. is the most consumer friendly. In the last<br />

financial year we had acquired about 22% of the category<br />

expansion while in the month of April this year, we did around<br />

26% of the category.<br />

Okay thank you so much for your explanation sir, thanks much<br />

good luck.<br />

Thank you. The next question is from the line of Aditya Mathur<br />

from Citigroup, please go ahead.<br />

Thank you. Sir, my question is specifically on your subscriber<br />

acquisition cost. We have seen a sequential decline to about Rs.<br />

2383, I just wanted to know what has driven this sequential<br />

decline, just the rupee appreciation or is it because of cheaper CPE<br />

cost or is it like a sign of some easing of in competitive activity<br />

Page 9 of 24

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