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Indian Stock from DTH market worth accumulating

Posted By On 2:33 PM

1. I am bullish on the prospects of Dish Tv as this DTH market is expanding at the rate of 3 times per annum and even Big TV by Reliance do not consider itself as a late entrant in the segment. Dish Tv has reached another milestone where it has become first DTH service in India to cross 4 million subscriber mark. Dish Tv is promoted by Zee group and has more than 53% of the total subscriber base of over 8 million. It has a subscriber base of close to 4.4 million and has added close to 4,31,253 new subscribers in the month of October 2008 and one can term the same as the highest ever monthly subscriber addition by any Indian DTH service provider.

2. Dishtv has gone a step further where it has added interactive banking service 'ICICI Active' in association with ICICI Bank and this service will help its subscribers to access information related to ICICI Bank products and services and that too from the ease of home. It has channels ranging from general entertainment, news, sports and regional channel and is covering more than 6500 towns across India. The best part of Dish TV is its ease of installation; where even a locaal technician can even undertake the installation whereas Tata Sky requires a representative from the company to undertake the said action. One can say that Dish TV is best for all those service personnel class who are affected by frequent transfers. However one can not say the same about Tata Sky. One can have a perspective of 2-3 years to see substantial gains accruing from the stock.

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