WorldSpace Inc fka WRSPQ

[bepop12345]

Wonder how this will affect or has affected this situation. Never saw this info:

India to relax DTH ownership rules

Chris Forrester ©RapidTVNews
30-06-2010

India’s Telecom Regulatory Authority (TRAI) is recommending that its current foreign ownership rules for broadcasters be dramatically revised.

TRAI is suggesting to government that the current 20% foreign ownership rules be relaxed, and set instead at 74%. The changes, if authorized, would mean foreign investment and thus ownership of DTH broadcasters, IPTV operators, mobile TV players, digital TV companies, teleports and multi-system operators of cable TV systems, would be raised to 74% ‘non-Indian’ ownership.

Exceptions would be local cable operators (26%) and all-important FM radio operations (also 26%, up from 20%). Another exception is in the provision of news and current affairs TV channels where again ownership stays capped at 26%.

TRAI has submitted its proposals to India’s Information & Broadcasting Ministry.

http://www.rapidtvnews.com/

P.S.
Good thing the party is in the south, at the rate the airports are doing in the north, we could all become little popsicles.....lol