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Telecom: Trai recommends 74% FDI cap in key broadcast services |
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In what may turn out to be a big bonanza for news channels, direct-to-home (DTH) players, cable firms, teleport hubs and mobile TV service providers among others, the Telecom Regulatory Authority of India (Trai) has recommended a hike in the foreign direct investment (FDI) limit to 74 per cent, in line with the telecom sector.
Currently, the FDI cap in DTH, cable network and teleport hub is 49 per cent while there is no existing FDI policy for HITS and mobile television.
Trai has also recommen ...
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