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FRONT PAGE: Foreign investment limit may be hiked for DTH, FM Radio.
from BUSINESS LINE, July 01, 2010 New Delhi, June 30 - Telecom and broadcast regulator TRAI has suggested an increase in foreign direct investment limits for broadcast carriage services like Direct-to-Home (DTH) and FM Radio, while retaining the cap for news and current affairs television channels.
TRAI has proposed a hike in FDI limit from the existing 49 per cent to 74 per cent for DTH, Head end In the Sky (HITS), Teleport and Mobile TV. It has also recommended a hike in FDI for Cable Networks and Multi System Operators (MSOs) operating at the national and State level provided they undertake upgradation of networks towards digitalisation with addressability. Further, TRAI …
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