Videocon d2h Strengthens OTT Commitment With Launch Of Direct To Mobile TV App

MUMBAI, India, July 30, 2015 /PRNewswire/ -- Videocon d2h Limited (NASDAQ:VDTH) ("Videocon d2h"), India's most valued company on the NASDAQ, has reinforced its investment in over-the-top (OTT) services with the launch of a mobile TV app. The new app, called Direct to Mobile TV, will make it possible for Videocon d2h subscribers to watch television anytime, anywhere on their mobile phones.

Easily downloadable from the App Store (for iPhone users) and the Google Play Store (for Android users), the Direct to Mobile TV app will give viewers instant access to a wide range of news, entertainment, sports and movie channels. Videocon d2h subscribers can watch more than 70 select live TV channels and more than 3000 movies and videos available in the library. The offerings to keep viewers entertained on the go includes popular channels, such as Sony TV, Sony MAX, Sony Music, Sab TV, AajTak and many other regional language channels. The existing Videocon d2h subscribers can view these channels using the Direct to Mobile TV app for Rs. 60 per month. This service also features a program guide, show reminders and social media integration, besides the What's Hot section.

Mr. Saurabh Dhoot, Executive Chairman, Videocon d2h, said: "We are happy to be on the leading edge of India's OTT revolution with the launch of our Direct to Mobile TV app. This is an important move for Videocon d2h, as we strengthen our commitment to introducing new technologies to our subscribers, allowing them to have a robust and enhanced experience while viewing our content. We are confident that an increasing number of consumers will enjoy this offering in the days to come."

Mr. Anil Khera, CEO, Videocon d2h, said: "With our new Direct to Mobile TV app, Videocon d2h's subscribers will never have to miss their favorite shows while on the move. We believe it affirms our continuous focus on innovation and our ability to deliver high quality solutions and services. We are sure that this mobile TV app will be of great interest to our viewers and will ensure our prominent presence in the OTT space."

Videocon d2h has always strived to bring the latest innovations to its consumers, keeping in sync with India's leading edge in technology. The Direct to Mobile TV service targets an increasing number of working professionals, shoppers and students spending time outside their homes with round-the-clock access to TV, films and other desired programs regardless of location.

Forward looking statements

This announcement may contain forward-looking statements, as defined in the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements. We caution you that reliance on any forward-looking statement involves risks and uncertainties that might cause actual results to differ materially from those expressed or implied by such statements. These and other factors are more fully discussed in the Videocon d2h's registration statement on Form F-4 filed with the SEC and available at http://www.sec.gov. All information provided in this announcement is as of the date hereof, unless the context otherwise requires. Other than as required by law, Videocon d2h does not undertake to update any forward-looking statements or other information in this announcement.

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