|
B4U
denies partners finalised for DTH project
(Posted on 24 January 5:00 pm)
B4U
Entertainment on Wednesday confirmed that it was exploring
various avenues of entering direct-to-home (DTH) television
but denied reports that the international partners had already
been finalised.
"We
are working towards it (DTH) but nothing has been decided
as of now," B4U Entertainment CEO Ravi Gupta said. "We are
only in the initial stages of talks with a possible parter,"
he added. He was referring to a press report that EuropeStar
(a satellite company) and Mindport (provider of conditional
access technology) were each to take 20 per cent stakes
along with B4U for the project. The report also said talks
were on to rope in a leading set top box manufacturer for
the project as the fourth partner could provide finance
if not technology.
Queried
about the possibility of teaming up with Doordarshan for
an alliance, Gupta said: "Everybody is talking to possible
partners and DD is just one of them."
Click
for more Headlines
|