Dish TV is first mover in DTH marketspace.While Dish TV had the first-mover advantage when it launched its services in 2003, aggressive competition has meant that the company has had to work harder to retain its market share. Dish TV subscribe base has moved from just under a million to over 6 million subscribers and has a market share of 37.5 per cent. The industry is expected to add about 9 million new subscribers this calendar year, of which, the company expects to grab about 2-2.25 million. The company has acquired about 1.3 million subscribers for the year and expects to add another 8 lakh subscriber before the year runs out.

Dish TV issued GDRs to US-based asset management firm Apollo Management at Rs 39.80 per share aggregating to $100 million or about Rs 470 crore.

DTH Market in India will be what cell phone was . At current market price Dish TV is valued at 3800 Cr , while company is making no operating profit.  Again  this is a growing segment and many players out there including BIG TV,  Tata Sky , Sun Direct ..helping to grow the market.

Dish TV definite a long term play in DTH market  , one should accumulate at current level and add more if the stock slips down.