TRAI to review FI limits for broadcasting sector

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New Delhi, March 3: : In view of convergence of broadcasting and communication technologies, Telecom Regulatory Authority of India (TRAI) on Monday proposed to review Foreign Investment (FI) limits in the electronic media to provide level playing field among competing technologies.

The telecom regulatory has floated a consultation paper for reviewing the existing foreign investment limits in different segments of broadcasting sector.

“Presently the policy regarding Foreign Investment (FI) is not uniform across different segments of broadcasting sector. In view of the divergence in FI limits for different segments, the need to undertake a review of the FI policy for the broadcasting sector has been highlighted,” TRAI said in a statement.

The Information and Broadcasting Ministry had sought TRAI recommendations on Foreign Investment limits for various segments of Broadcasting Sector, such as news and non-news broadcasters, teleport, DTH, satellite radio, Headend-In-The-Sky (HITS), cable operators and FM radio.

Earlier, while sending its comprehensive recommendations separately for HITS, mobile TV and FM radio, the Authority has also recommended that FI caps should be fixed at 74 per cent for HITS and mobile TV, and 26 per cent for News FM radio service and 49 per cent for non-News FM radio service.