Entertainment broadcaster ZEEL has said that the embargo on broadcast tariff change due to New Tariff Order (NTO) 2.0 litigation has hurt the company's domestic subscription revenue. The Telecom Regulatory Authority of India (TRAI) had notified NTO 2.0 on 1st January 2020, however, the matter is now in the Supreme Court.
In Q1 FY22, the company's subscription revenue was up 2% at Rs 813 crore compared to Rs 797.4 crore in the same quarter of the previous fiscal
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