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Hindujas in talks with companies for uplinking of channels

28-June-2001
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Hindujas in talks with companies for uplinking of channels

The Hinduja Group is in talks with companies in India and abroad for uplinking two of its channels. The channels, which are scheduled to be launched around August under the umbrella of the Hinduja group company - Planet e-Shop - will focus mainly on shopping with strong interactivity elements. To be targeted as a niche product, it will be round-the clock channels.

Even as the Hinduja group has been in talks with various companies to uplink its channels, the future course of action has not been finalised yet. Thaicom is one of the transponder service companies in which the group has been showing interest. Besides Thaicom, the company is talking to Indian companies such as Videsh Sanchar Nigam Ltd. (VSNL), for exploring the possibility of uplinking from the country itself.

The Hinduja group was recently in news for a new positioning in the market as a convergence entity. Hinduja Finance Corporation rechristened itself as Hinduja TMT to reflect the company's new positioning as a technology, media and telecommunications convergence corporation.

With an already strong presence in the US, Europe and India through subsidiaries and joint ventures, it is fully equipped to provide integrated services in IT that extend to all aspects of IT, media and telecom.

Hinduja TMT's plans are targeted towards upgrading the network to a high quality hybrid fibre optic and expand to over 50 cities by March 2002 to deliver basic cable and value-added services.

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