Videocon d2h increases monthly subscription prices of packages

Company Release - 14-Mar-2016 5:i a ET

Videocon d2h increases monthly subscription prices of packages

Move follows rise in various input costs & technological advancements

Company Release - 3/14/2016 5:30 AM ET

MUMBAI, India, March 14, 2016 /PRNewswire/ -- Videocon d2h Limited (NASDAQ, USA: VDTH) (\"Videocon d2h\"), India's fastest growing DTH service has today announced an increase in monthly subscription prices w.e.f. 12th March 2016. The price increase, a minimum of Rs. 20 will depend on monthly subscription rate and has been due to rise in service tax, various levies and other input costs.


Mr. Saurabh Dhoot, Executive Chairman, Videocon d2h said, \"The whole essence of Videocon d2h is about providing outstanding service quality for our customers pan India. The rise in subscription packages is due to unexpected rise in levies as per government policy changes. We are committed to continuously introducing newer technologies in our industry.\"

Mr. Anil Khera, CEO Videocon d2h says, \"We would like to assure our customers that any increase in price will be utilised for their benefit like increasing number of channels and introducing new services. Our rate increase has been mandated due to the new policies announced in the Union Budget. We will strive to continuously improve our overall customer experience.\"

Videocon d2h has prided itself in presenting a robust line up of channels and services for its subscribers with more than 550 Channels & services. Recently the organisation announced numerous technological advancements and content acquisitions which were made for the benefit of its subscribers like introducing new hardware like HD Smart Connect Set Top Box (Connected Box) which converts your existing TV into a Smart TV.

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SOURCE Videocon d2h Limited