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The momentum certainly seems to be building. For direct
to home (DTH) telecast in India that is. The latest news
emanating from the capital indicates that Star India has
made a presentation before the Planning Commission seeking
an easing on the key stumbling block to DTH take-off in
India - the 20 per cent foreign direct investment equity
cap in Indian DTH ventures.
The broadcasting industry has long been demanding that the
FDI bar be raised to at least 49 per cent.
The as yet unconfirmed news follows close on the heels of
reports that the government is weighing a proposal to remove
the entry fee and bank guarantee totaling Rs 500 million
as well as scaling down the 10 per cent revenue share agreement
in its Ku band DTH policy. Presently, companies seeking
a DTH licence have to pay an entry fee of Rs 100 million
and provide a bank guarantee of Rs 400 million for a 10-year
licence period.
Government
looks set to ease up on DTH restrictions
Star
applies for DTH licence? Altaf Ali Mohammed says no
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