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Wednesday 21 September 2011

Bad News for Dish TV, Tamilnadu Govt. imposes entertainment on DTH

The Tamil Nadu government imposed 30% entertainment tax (e-tax) on direct to home (DTH) operators. Dish TV revenues are impacted almost 7% because of the entertainment tax across the country. Dish TV's last quarter EBITDA was in the range of 24-26%.

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