Dish TV's Q1FY18 revenues came in at | 738.9 crore, down 5.1% YoY, lower than our expectation of | 752 crore. Monthly ARPUs at | 148 (up 10.2% QoQ) were higher than our estimate of | 141, resulting in superior subscription revenues at | 691.7 crore, (against estimate of | 659.2 crore). Subscriber addition was largely in line at 186,000 (our estimate 200,000) with the net subscriber base at 15.7 million at the end of the quarter. The company attributed the weak subscriber addition to the festival of Ramzan, which fell in Q1...