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 various players like Zee, Videsh Sanchar Nigam Ltd (VSNL) and B4U.
The satellite company, adhering to DTH guidelines, would take below 20 per cent stake in the upcoming DTH platform. Europestar would bring to the venture its satellite capacity of over 30 transponders with eight of the transponders dedicated to India.
Europestar I satellite with 5 beams on Europe, Middle East, South Africa, South East Asia and India would be able to bring capacity which is crucial for any DTH venture. The company expects to finalise an agreement by end of this year.