Feb 18, 2013 (LBO) - Sri Lanka's Dialog Television (DTV) a unit of Dialog Axiata offering satellite based pay television said subscribers grew 23 percent to 264,000 in 2012 from a year earlier. But profits after tax fell 57 percent to 11 million rupees in 2012 from a year earlier due to an equipment write-down, Dialog said in a stock exchange filing.
DTV said it was upgrading the platform from MPEG-2 to MPEG-4 standard with high definition (HD) technology.
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The company said the upgrade will increase returns on transponder services in additionl increasing quality of service.
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