Indian Convergence and Networking has initiated the first round of discussions with Doordarshan for setting up a Rs 600-crore direct terrestrial television platform on 'build-operate-transfer' basis in the country.
The current equity structure of the company has 76 per cent stake with SP Enterprises, with telecom major Hutchison and Advent TV of Singapore having a combined holding of 24 per cent. Kerry Packer holds 33 per cent stake in Advent TV.
The proposed project would allow greater and direct connectivity to the viewer and eliminating the need for satellite dish antennas, as required in case of DTH platform. The DTT platform like DTH would do away with intermediaries like cable operators too.
The project, which would begin only by middle of 2001, following the government's nod, would see simultaneous rollout in Delhi, Mumbai, Kolkata and Chennai by mid 2002.