Trai seeks broadcasters' view on raising FDI cap in sector

The Telecom Regulatory Authority of India (Trai) on Tuesday sought the broadcasters' views by August 12 on raising foreign direct investment (FDI) limits in various segments of the sector.

"The authority has, while formulating this consultation paper, taken into account the growing convergence between the broadcasting and telecom sectors, and has been broadly guided by the principles of ensuring a level playing field between competing technologies and maintaining consistency in policy across sectors," the release said.

The consultation paper focused on the revision of FDI limits as well as the approval route for the FDI in the carriage services (Cable TV, DTH, HITS, IPTV, Teleports), content services (uplinking and downlinking of news channels) and the FM radio sector.