Dish Home and Prabhu TV are in final talks towards a merger
"If all goes according to plan, Nepal's two most prominent digital TV service providers will soon be merged into a single brand"
If all goes according to plan, Nepal's two most prominent digital TV service providers will soon be merged into a single brand. Dish Home and Prabhu TV executives are in discussions about a potential merger between the two firms.
The merger of Dish Home and Prabhu TV is in the works.
Dish Home was the country's first Direct-To-Home (DTH) TV service provider. Similarly, Prabhu TV was the first in Nepal to offer wireless terrestrial TV (DVB-T2). Both businesses have extended their offerings to include internet access. Under the Dish Home Fibernet brand, Dish Home is providing internet services to a small area of the Kathmandu Valley.
The merger would allow the resulting company to provide both television and internet services under one name. Since the two companies have some mutual investors and promoters, a merger has been suggested as a viable option.
The big ISPs that bundle TV services with their internet plans have been struggling to keep up with the TV service providers. Similarly, people have begun to gravitate toward OTT sites such as Netflix, which has had an effect on their sales over time. Not to mention, TV stations have been vocal about their dissatisfaction with the newly introduced Clean Feed program.
It is impossible for businesses to expand on their own under such circumstances. This is particularly true for Prabhu TV, which is younger than Dish Home and has a smaller customer base. There will be one fewer competitor in the industry as a result of the two firms merging. The new business would have a larger client base and more money to deal with ISPs and other service providers.
According to reports, the merger negotiations have progressed and are now in the final stages.