Bharti Teletech eyes 30% marketshare in STB

NEW DELHI: Sunil Mittal-led Bharti Teletech on Sunday said it is targeting to double sales of its free-to-air set-top boxes (STB) in terms of volumes to consolidate its market share to 30 per cent by the end of this fiscal.

The company, which is the largest manufacturer and distributor of telecom and allied products in India, also leads in the organised market of free-to-air digital STBs in the country with 18 per cent market share since launching 'Beetel' set-top box towards the end of 2005.

"The company sold 1.75 lakh set-top box units last fiscal, up from 65,000 units in 2005-2006. We are now looking at increasing the sales to 3.5 lakh units by the end of the current fiscal," Bharti Teletech CEO Pawan Kapur told media.

"We are looking at further enhancing our leadership by capturing 30 per cent of market by the end of the current financial year. The entry into the STB segment has enabled Bharti Teletech to shore up its revenues in the last fiscal," he said.

To meet this target, the company plans to increase its distribution network. "Today, we have a national network of 225 distributors, 5,000 retailers and 152 service centres in the upcountry and rural parts for the STB segment. The company is planning to augment the network to 325 distributors, 6,500 retailers and 225 service centres by the end of this fiscal", he said.

Aided by lowering of prices to Rs 1,700-Rs 3,400 for a STB and dish antenna, which would enable views in semi-urban and rural areas to catch the free-to-air Doordarshan channels and more channels are on the offing once DD takes a final decision regarding them, Kapur said, adding the company would try to further reduce prices through focus on research and development.