I am not against to do with Dish
TV. Some one in this thread has posted regarding the quantity of channels regarding Dish TV for that i have replied. One thing i wanted to tell you if dish tv is increasing their channel quantity for 400
Tata Sky cant sit with the same number of channels and its vice versa too. At the end of the day we will get benifitted whether its tatasky or dish tv subscribers:thumbsup:. My point was that even if tatasky goes and adds for 300 channels or dish tv how many channels we are going to watch hardly 30 may be 50 at the max. Any way lets see how the market trend goes.
Can you provide me the link of Indian market july edidtion please.
Temasek buys into India market
SUDIPT ARORA
After acquiring a controlling interest in Thailand's largest telecommunications firm, the Singapore government investment arm Temasek Holdings has announced that it is set to take equity stakes in India's leading mobile phone operator and direct-to-home (DTH) operator.
A mobile phone user passes an Airtel promotion in Bangalore. — BLOOMBERG NEWS
Temasek came under fire in Thailand for buying a controlling stake in Shin Corp, which formerly owned the television operator iTV Plc until the government took it over and changed its name to TITV. Now the state-run company wants to take a 4.99% stake in Bharti Airtel, one of India's largest mobile phone operators, and a 10% stake TataSky:thumbsup:, India's leading DTH operator.
The deals could be the largest private equity transactions in India. Bharti Enterprises, the holding company that owns Bharti Airtel, will marginally increase its stake from 45%, while the combined holdings of Temasek and Singapore Telecom (SingTel) will go up to 36%. Temasek owns 56% of SingTel, which already has a 30.5% stake in Bharti Airtel.
SingTel says it will have first rights to Temasek Holdings' stake in Bharti Airtel and Bharti's 4.99% stake.
Temasek was granted an option to buy the stake from Bharti Enterprises on July 3, but no financial details were revealed. Bharti executives refused to divulge the deal size or a timeframe for negotiations. At current market prices, the stake is worth $2 billion.
Vodafone had picked up a 10% stake in Bharti Airtel in 2005 for $1.5 billion. However, following its acquisition of a majority stake in Hutch-Essar for $10.9 billion, Vodafone entered into a share sale agreement with Bharti to sell back the 5.6% direct stake in Bharti Airtel for $1.6 billion. Vodafone will continue to hold its 4.39% indirect stake in Bharti Airtel.
This will be Temasek's second investment in a telecom company in India after it bought 9.9% of
Tata Teleservices.
Mobile phone companies in India have seen sales and profits surge as the economy has boomed in recent years. India has been adding nearly six million new connections every month, which makes it the world's fastest growing mobile phone market.
Bharti Airtel competes with Reliance Communications, government-owned Bharat Sanchar Nigam Ltd and Hutchison Essar.
On June 9, the direct-to-home (DTH) venture Tata Sky offloaded 10% stake to Temasek for $56 million. Temasek has the option to increase its stake further to the permissible limit of 26%. With the move, Tata's stake in the company has dropped to 70%.
Incorporated in 2004, Tata Sky started off as an 80:20 joint venture between the Tata Group and television network Star. It launched DTH service last year. The joint venture partners had earlier stated that the project would cost them about $750 million.
Tata Sky has a total subscriber base of more than half a million, and intends to increase it to one million by August. The competition in the DTH market is heating up with the proposed entry of cash-rich companies such as Reliance, Bharti and Sun TV. Tata Sky is now the market leader:yahoo:. At the current rate of the growth, India would have anything between 15 million and 20 million DTH subscribers in the next five to six years.
Bangkok Post : Business news
Well Aju, All things going well but it should be clear from FIPB. Tatasky want sold 10%.
While other hand Dish Tv had applied for 27% Forgin investment but still need approval from FIPB. Once they got approval Dish Tv can do anything because its large company in it have 27%.
While on that book, You have to find out it on the bookstore because I read that on Angel Broking office in Surat.
Also on channels, We hardly see 10 channels daily more than 10 minutes. But people wants more. If you provide 1000 channels,people still saking for more channels.
We know whenever we have new channels viewrs looks that channels for first few days because of new channels but they igonore it.
I know when BBC lunched all were happy but I am sure hardly 10% people watch this channel at the moments.
I will show you one example of my friend. He have Cable connection and he didn't watch History channels but last week due to some arrangement Cable operorse change feed to English and he is calling them for hindi feed. So people does not watch channels of feeds but they are happy with numbers.
I am sure if Tatasky and Dish Tv both add 400 channels next year. People still want channels.
Many people asking for HBO channels and Goal TV channels. But almost all of them doesn't aware that HBO channels have no downlink persmission in India. Also those channels are very costly. In Soith asian DTH they charged $27 for thier 5 channels. When we have those channels we have to ready to pay 100 Rs extra because Dialog tv have it but they pay 600 INR or 1600 Srilank Ruppes.
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