The Telecom Regulatory Authority of India (TRAI) has
recommended that the foreign direct investment limit in news channels and FM
radio services be raised from 26% to 49%, subject to clearance by the Foreign
Investment Promotion Board (FIPB).
It has also suggested that the limit for FDI in
broadcast carriage services such as cable TV, direct-to-home, IPTV, mobile TV,
HITS and Teleport be enhanced to 100%, up from the current limit of 74%.
However, companies in these businesses can avail of the automatic route as long
as the FDI is not higher than 49%.
No comments :
Post a Comment