Hinduja Ventures receives operating license for HITS services

Hinduja Ventures receives operating license for HITS services

Author | exchange4media News Service | Wednesday, Sep 09,2015 8:00 AM

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Hinduja Ventures receives operating license for HITS services

The Wireless Planning and Coordination Wing of the Ministry of Information and Communications Technology has issued the Wireless Operating License (WOL) to Grant Investrade Ltd (GIL), a subsidiary of Hinduja Ventures for their HITS Services- Nxt Digital.

The WOL is the final regulatory step before making HITS operational, in accordance with the terms and conditions stipulated in the Letter of Intent issued by the Ministry of Information & Broadcasting to GIL last year.

A K Das, Chairman, Grant Investrade Limited said, “We are delighted to confirm receipt of the WOL for us to commence operations of the HITS service in India. The launch of Nxt Digital is in line with the Government’s objective of making India ‘digital’ and we’re proud to be a part of this national initiative.”

“Nxt Digital has received an overwhelming response from the distribution fraternity in Phase III and IV markets in India. Our Broadcast Centre and our backend systems are fully operational; our broadcaster relationships have been formalized, we’ve already rolled out our COPE mini‐head end systems and STBs and we’re ready to go ‘live’ shortly,” explained Tony D’Silva, Managing Director,  GIL.

By signing up for the Nxt Digital service, an operator can be saved the burden of having to make huge investments in the technology and highly skilled manpower required to convert analog households to digital.

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