BUSINESS

Cable rates to go up from Jan1

Source:PTI
December 02, 2004 08:34 IST

Cable subscribers will have to pay more from 2005 with the Telecom Regulatory Authority deciding on Wednesday to revise charges upwards by seven per cent in view of high inflation.

TRAI, which had put a ceiling on charges with respect to both free-to-air and pay channels till December 26 this year, has now decided to review the ceiling.

"On the basis of analysis done by the Authority, the inflation adjustment works out to seven per cent. Accordingly it has decided to issue an amendment order providing for revision in the ceiling to be effective from January 1, 2005," a TRAI release said in New Delhi.

The new rates will apply for the payments to be made by the consumers, cable operators, multi-system operators for January 2005.
Source: PTI
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