BUSINESS

C-Net Communication in JV with Canadian firm

Source:PTI
June 11, 2003 19:27 IST

Eyeing the burgeoning cable TV market in India, Trivision Electronics of Canada has entered into a strategic technical alliance with C-Net Communication (India) to offer state-of-the-art analog addressable systems and set-top boxes required for viewing pay channels under conditional access system.

As per the agreement, C-Net Communication, with the technological support of Trivision, will manufacture these set-top boxes at its newly set up plant in Noida after August 1, when the duties on them are re-instated by the government.

Till then, C-Net will import the STBs from Trivision at a concessional import duty of five per cent to feed the Indian market.

C-Net has also tied up with leading international companies for digital set-top boxes.

Trivision has sold over a million STBs in North America, South America, China and Africa.

In a state, Mohit Verma, managing director, C-Net Communication, said after the new government notification it had become imperative to provide the best technology in STBs.

The agreement follows the notification making it obligatory for cable operators to transmit pay channels through an addressable system in the four metros from July 15.

Source: PTI
© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

NEXT ARTICLE

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email