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About Videocon D2h
Videocon D2h is a leading Indian brand of Pay TV, which is a part of Dish TV India. The company provides direct satellite broadcast services which include audio programming, interactive television services to both residential and commercial customers all over India, satellite television, etc
Background:
The company was founded in June 2009 by Saurabh Dhoot. It is a subsidiary company of Essel Group India. Currently, D2H has around 10,540 transponders of MHz on the ST-2 Satellite. D2H is known for using the MEG-4 technology which allows high compression for DVB-S2 and video technology which even gives room for more efficient satellite transmission signals. D2H uses MPEG-4 Part 10 or H.264 as an advanced video coding (MPEG -4 AVC) with a DVB digital technology (Compression) which transmits using the satellite ST-2
As of December 2018, d2h had a 20% market share amongst the DTH operators. Recently, D2H and Dish TV had merged and their merger has created the biggest and the largest DTH service provider in India. Currently, the service provider has about 29 million + subscribers.
The company has a total of 650 channels and services on its platform.
Key people:
- Saurabh Dhoot: He is the founders of Videocon D2h.
- Anil Kumar Dua: He is the CEO of Videocon D2h.
Merger and Acquisition:
It was on November 11th, 2016 that the board of directors of the two companies d2h and Dish Tv had agreed on a merger of an all-stock of the operations of DTH operations.
This merger has led to the largest DTH provider in the country. The operation currently values Rs. 17,000 crores (US $2.5 Billion). This merger will be called Dish TV Videocon Ltd. In this merger, Dish TV will hold a 55.4%, and the remaining shares will be held by Videocon d2h.
This merger was given approved by the CCI (Competition Commission of India) on May 10th, 2017 and the National Company Law Tribunal on 27th July 2017. However, in January the merged faced a lot of uncertainty In 2018 when Dish TV had announced it planned to re-evaluate the merger after the group Videocon leader had petitioned the National Company law tribunal to open up the proceedings against the company.