Revisions in DTH License policy will provide certainty to sector: Tata Sky
On Wednesday, The Union Cabinet approved revisions in guidelines to provide direct to home services under which licenses will be issued for 20 years, renewed automatically every 10 years, where license fee will be reduced, and 100% FDI will be permitted in the sector. Till now, FDI was limited to 49 per cent.
In India, more than six crore households get DTH services. Tata Sky one of the leading DTH provides welcomed the revisions.
“We are grateful to Shri Javadekar for resolving the long standing impasse on the DTH License policy which will provide certainty to the sector. We look forward to a level playing field via parity of Licence Fee with Cable TV which too is Licensed by MIB and follows the same prices and margins as regulated by TRAI’s NTO" said Harit Nagpal, MD & CEO, Tata Sky.