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Trai recommends FDI limit of 49 per cent in FM radio - Printable Version

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Trai recommends FDI limit of 49 per cent in FM radio - Mr.Bhat - 01-17-2010

The Telecom Regulatory Authority of India has recommended that the foreign investment limit for FM radio should be revised to 49 per cent and that for news and current affairs television channels in the Uplinking guidelines be increased from 26 to 49 per cent.

In a consultation paper on the subject of foreign direct investment in the broadcasting sector, Trai has also called for a hike in the limits of foreign investment for cable networks from 49 per cent to 74 per cent and said that the total foreign investment including FDI for DTH should be 74 per cent as in case of HITS and teleports.

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