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Videocon looking to sell stake in unit for $75-$100 million: Sources

Videocon looking to sell stake in unit for $75-$100 million: Sources

MUMBAI: Videocon Industries is looking to sell a 25 per cent stake in its direct-to-home broadcast services business for roughly $75 million to $100 million and is in talks with private equity firms, people with direct knowledge of the matter said. Potential investors in the unit, branded D2H, include ICICI Venture, the private equity arm of No 2 Indian lender ICICI Bank, sources said. Videocon has hired UBS to find an investor, sources said. Videocon and ICICI Venture declined to comment. UBS officials could not be reached for immediate comment. DTH services have been gaining momentum in India »»» 

Videocon d2h On Road To Raise $60M In PE Funding

Videocon d2h On Road To Raise $60M In PE Funding

Videocon d2h, the DTH (direct to home) arm of the Videocon group and a fast-growing DTH service provider in India, is on road to raise $60 million in private equity funding, at least two sources briefed with the matter told VCCircle. Avendus and Barclays Capital are understood to be advisors for the same. An e-mail query sent to Saurabh Dhoot did not elicit any response till the time of writing this article. Videocon d2h, launched two years ago, offers 292 channels and services on its platform. It has features like multiple tickers, 12 PIP Mosaic, 22 Active Music Audio Video Channels and d2h movies. »»» 

Videocon d2h offers 12 HD channels

Videocon d2h offers 12 HD channels

Videocon d2h, the fastest growing DTH service provider in India is offering highest number of Asli HD channels on its platform. Asli HD channels are broadcast in 1080i format. These channels have superior picture clarity giving more depth and sharpness to the picture, crystal clear digital quality picture and digital quality sound. These Asli HD channels are superior to the digitally modified upscaled channels which other DTH service providers are offering and claiming as High definition channels. The Asli HD Channels available on Videocon d2h which are, 24 hrs advertisement free Star Plus HD, »»» 

ESS shows the way with HD launch

ESS shows the way with HD launch

MUMBAI: ESPN Star Sports today announced the launch of ESPN HD and Star Cricket HD, India’s first 24×7 High Definition sports channels. ESPN HD and Star Cricket HD will be available on Videocon d2h platform and Star Cricket HD will be available on Tata Sky with immediate effect. India’s cricket tour of England will be the first premier event to be showcased live on Star Cricket HD from 21 July. This will be followed by other events such as the Champions LeagueT20 and India’s tour of Australia. ESPN HD will showcase F1 action from the Hungarian Grand Prix, GP2 Series and other »»» 

Videocon d2h is the title weekend sponsor of the IIFA 2011

Videocon d2h is the title weekend sponsor of the IIFA 2011

Mumbai, Maharashtra, June 6, 2011 — Entertainment & Movies is the common link that brings IIFA and Videocon d2h together. Videocon d2h is honored with this association where excellence is celebrated and cherished by all. Speaking on the association between IIFA and Videocon d2h, Mr. Saurabh Dhoot Director – Videocon group says “We take pride in associating with IIFA for last 3 Years; IIFA has been a pioneer in taking Indian Cinema globally. This is in keeping with our pioneering status in the Indian DTH market through continuous product innovations and upgrade of technology »»» 

Videocon d2h launches India’s first HD DVR with 3D

Videocon d2h launches India’s first HD DVR with 3D

Mumbai: Videocon d2h, the DTH arm of Videocon group is the fastest growing DTH service provider in India. Videocon d2h launches the India’s first ever HD – DVR with 3D for its customers to watch content with 3D experience. Customers not only can watch it but experience the new world, a fabulous 3D television or the 3D feed from your broadcaster won’t be sufficient, Videocon d2h will bridge the gap as a connector to broadcaster and the TV customers. Mr. Saurabh Dhoot, Director Videocon Group said, “We have seen excellent growth from the time of inception and our objective is to catalyze »»» 

Videocon d2h offers A-la-carte for its viewers

Videocon d2h offers A-la-carte for its viewers

Mumbai, Maharashtra, January 20, 2011: Videocon d2h, the fastest growing DTH service provider has launched A-la-carte services for its customers. These A-la-carte channel offerings will allow customers to choose and pay for the channels they want to watch in any category. Videocon d2h have launched services keeping the needs of the growing market in mind. Videocon d2h has maximum number of channels & Services with a Very strong regional content for their specific Audiences along with all the sports channels on board. Videocon d2h feels that the consumer has the right to choose the channels »»»