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Trai: broadcasters can’t control distribution

Trai: broadcasters can’t control distribution
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First Published: Thu, Feb 26 2009. 12 00 AM IST
Updated: Thu, Feb 26 2009. 12 00 AM IST
Mumbai: The Telecom Regulatory Authority of India (Trai) said on Wednesday broadcasters should not control distrubution operations and vice versa. Any entity with at least 20% stake in a broadcasting company cannot own more than 20% in a distributor and vice versa, it said in a statement on its web site. Broadcasters will get three years for restructuring their holdings in distribution, Trai added.
Trai also said there will be no restriction on cross-ownership across telecommunications and media companies, a decision which it may review after two years.
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First Published: Thu, Feb 26 2009. 12 00 AM IST