TRAI wants MIB to fix renewal period for multi-system operators at 10 yrs
As per the regulatory body, a shorter period of renewal could be counter-productive
TRAI has asked the MIB that the renewal period for multi-system operators should be 10 years, say media reports.
According to the regulatory body, a shorter period of renewal is counter-productive to a capital-intensive business like cable TV that has a long gestation period.
TRAI has also suggested that Rs 1 lakh should be charged as processing fee from the MSOs during renewal.
The application process is to be made completely digital with a provision for an extension in case an application hasn't received the approval.
