News Govt evaluates to increase 100% FDI in DTHS and Broadcasting

[Technoglitch]

Government is considering a proposal to raise foreign direct investment (FDI) limits to 100% in broadcasting carriage and content services, including direct-to-home (DTH) and cable networks, aimed at attracting overseas investment and improve infrastructure.

An inter-ministerial committee is considering FDI proposals, including hiking FDI cap in cable networks, DTH, mobile TV, Headend-in-the Sky Broadcasting Service (HITS) and Teleports to 100%, from 74% at present, sources said.

In case of broadcasting content services - uplinking of news and current affairs TV channels, the proposal under discussion is to raise the limit to 49% from the present 26%, they said. These proposals were mooted by the Telecom Regulatory Authority of India (Trai) in 2013. It had suggested raising FDI limit for broadcast carriage services up to 100% and for uplinking of news channels up to 49%.

Govt mulls raising FDI cap to 100% in DTH, cable networks - Livemint

 

[NinadG]

So Tata Sky would become only Sky after the proposal is cleared by the govt....?

 

[Technoglitch]

Unless tata decided to sell or fox forces them

 

[IndianMascot]

That's good. We can expect some new entrants or takeover of RDTV by some international company.

Any Chinese company expanding its network.

 

[DashMajor]

Wondering what would be the name

 

[Technoglitch]

That's good. We can expect some new entrants or takeover of RDTV by some international company.

Any Chinese company expanding its network.

Astro might buy both SD and rdtv or by merging both the dths.

 

[scorpionking76]

So full fledged FDI on its way. I recollect the other day a delegation from news channels met our PM on this.

 

[Technoglitch]

Which news channel?

 

[scorpionking76]

All news channels, there federation

 

[Technoglitch]

With this, we can expect that the foreign ideas and suggestions would be forced into us