wordpress blog stats
Connect with us

Hi, what are you looking for?

Mobile TV Co Devas Multimedia To Sell 17 Pc Stake For $75 Million To Deutsche Telekom

On the 29th of July, the Indian government gave the go-ahead for the infusion of "fresh foreign equity" of Rs. 317.85 crore ($75.55 Million) in Bangalore based Devas Multimedia Ltd. Now ET reports that the investment is from European telecom major Deutsche Telekom (T-Mobile) for a 17 percent stake in Devas, valuing the company at around $443 million. Mobile TV: Devas is working on Mobile TV - DMB for transmitting video content and television to multimedia devices via both satellite and terrestrial networks. As per this report, Devas' service was/is expected to launch this year, but we could find little else on Devas. It's more likely that Devas will use satellite transmission over terrestrial for commercial services - a hybrid network appears unlikely, unless Devas ties up with Indian broadcaster Prasar Bharti. Note that only government organizations are allowed to…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

News

Existing consumer protection regulations are not sufficient to cover the extent of protection that a crypto-investor would require.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ