Zee Sports started telecasting sports channel in year 2007 with India Pakistan series. $19.99 per month seems to be a good deal only caveat is that Zee Sports will not telecast all matches and looks like they have obtained rights for all matches played in India.
Here is the schedule for year 2008
India vs. South Africa- March
England vs. New Zealand – May
England vs. South Africa – September
India vs. Australia – October
India vs. England – November
Personally I would prefer month to month subscription to this channel instead of going for a year subscription as many year subscribers are repenting for the months and months of long gaps in India playing matches.