01-28-2010, 09:42 AM
New Delhi, Jan 27 (PTI) In response to Telecom Regulatory Authority of India's (TRAI) consultation paper on foreign direct investment (FDI), various stakeholders including broadcasters, DTH operators and FM radio operators have supported a higher limit of foreign investment mainly in DTH and TV channels.
The Ministry for Information and Broadcasting had asked TRAI to take comments from stakeholders regarding FDI limits and necessary modifications in its (ministry's) up linking and down linking guidelines.
In its response submitted today (and pasted on TRAI's website), DTH operator Bharti Telemedia Ltd has supported TRAI's move for increasing the FDI limit in DTH from the current 49 per cent to 74 per cent.
Other broadcasters like Discovery, Zoom Network and Zee Network, have suggested a cautious approach while undertaking any increase in FDI level.
Source: Press Trust of India
The Ministry for Information and Broadcasting had asked TRAI to take comments from stakeholders regarding FDI limits and necessary modifications in its (ministry's) up linking and down linking guidelines.
In its response submitted today (and pasted on TRAI's website), DTH operator Bharti Telemedia Ltd has supported TRAI's move for increasing the FDI limit in DTH from the current 49 per cent to 74 per cent.
Other broadcasters like Discovery, Zoom Network and Zee Network, have suggested a cautious approach while undertaking any increase in FDI level.
Source: Press Trust of India
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