LEGAL/POLICY

Infrastructure Status To Broadcasting Sector May Boost Fundraise: Trai chief

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The Telecom Regulatory Authority of India (Trai) said that allowing infrastructure status to the technology-intensive broadcasting sector would facilitate capital borrowing and enable players to upgrade their equipment.

“Grant of infrastructure status will enable the industry players including broadcasters, cable providers, and multi-system operators to raise capital. Being a technology-intensive sector, stakeholders need to invest in newer technologies on a continuous basis,” Trai chairman Ram Sewak Sharma told ET.

The industry, according to the top official would need the capital for upgrading the existing infrastructure including equipment.  https://telecom.economictimes.indiatimes.com

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