India set to relax limits on foreign DHT ownership

The regulator TRAI has recently suggested that India should relax its tough limits on foreign ownership and inward investment into DTH broadcasting.

At present foreign investors are limited to owning just 49% of an investment in DTH broadcasting, pay-TV operations and teleport Earth stations.

In an unprecedented move reports from New Delhi have stated that these limits are set to be raised to 74%. This limit is also set to apply to satellite radio operators. This could potentially help WorldSpace to expand its presence in India.

Nonetheless cable TV foreign ownership limits will stick at 49%. This has incensed that sector who wanted limits to raise to 74% on par with telecoms companies. Foreign ownership of Indian news and current affairs TV channels is set to stay at an even lower 26%.

Source: techwatch.co.uk