Indian Telecom Regulator Recommends 100% FDI In FM Radio

Indiantelevision.com: The Telecom Regulatory Authority of India (Trai), today gave the green signal for 100 per cent foreign ownership in satellite radio services with no entry and licence fee for the time being.
In the recommendations, Trai said that it would desirable to provide a licensing framework now itself so that there is no uncertainty in the future.
The regulatory body also recommended that there shouldn’t be any entry fee unless there was an excess demand for the available spectrum space in which case tenders may be invited on the lines recommended for FM radio. It also said adding the Government should not levy any annual licence fee as long as terrestrial repeaters were not permitted.

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