Top Story


Home >> International >> Article

Europestar talking to Zee, VSNL for stake in upcoming DTH venture

Font Size   16
Europestar talking to Zee, VSNL for stake in upcoming DTH venture

Global satellite major Europestar plans to enter the direct-to-home (DTH) sector in the country by picking up below 20 per cent stake in an upcoming DTH venture, for which it has begun talks with players like Zee, Videsh Sanchar Nigam Ltd. (VSNL) and B4U.

The company has started negotiating with Zee, VSNL and B4U. The satellite company, adhering to DTH guidelines, would take below 20 per cent stake in the upcoming DTH platform. Europestar plans to bring to the venture its satellite capacity of over 30 transponders with eight of the transponders dedicated to India. Europestar I satellite with five beams on Europe, Middle East, South Africa, South East Asia and India would be able to bring space (capacity) which is crucial for any DTH venture .

The company was expecting to finalise an agreement by end of this year. However the company declined to give details about the investments that would be brought in the DTH venture.

Europestar launched the Europestar I satellite, on October 29, 2000, on an Ariane rocket. The satellite is expected to transmit television programmes and Internet communications across the five regions during its 15-year life span.


The primary reason that led to growth of OTT is the constant improvement of internet speed and service across the country: Sandeep Gupta, ACT Fibernet

Markus Noder, Managing Partner, Serviceplan International, shared innovative tools, ideas and methodologies to generate tangible business values

Siddharth Kumar Tewary, Founder, Chief Creative, One Life Studios and Swastik Productions, on owning the IP on his most ambitious project 'Porus,' the risk of recovering its cost and his distribution strategy

Webscale plans to build the brand around smooth operations for the e-commerce sector and then move on to demand generation

The India-New Zealand series continues to garner big numbers on television for Week 45 (November 4-10)

The Tata Group is considering review of its Public Relations mandate which is currently handled by PR firm Edelman in association with Rediffusion. The review is likely to happen post January 2018.

KVL Narayan Rao, Group CEO, and Executive Vice Chairman of NDTV passed away at 63 after battling cancer for two years