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ZMCL CFO Sumit Kapoor said that the company has no immediate plans to launch new channels since it has already covered major parts of India through its existing channels. It has no plans to launch news channels in South Indiaaaaaa.
He also said that the four licenses that the company received recently were the ones that it had applied for way back in the past and had got these after almost three years. “However, having these licenses, now, with us shall not necessarily mean a launch; we will have to explore how to go about it. We definitely keep exploring business but at this stage, we don’t have a concrete plan to launch,” he noted.
ZMCL calls off Rs 1592 cr deal with RBNL for purchase of FM radio biz - TelevisionPost: Latest News, India’s Television, Cable, DTH, TRAI
He also said that the four licenses that the company received recently were the ones that it had applied for way back in the past and had got these after almost three years. “However, having these licenses, now, with us shall not necessarily mean a launch; we will have to explore how to go about it. We definitely keep exploring business but at this stage, we don’t have a concrete plan to launch,” he noted.
ZMCL calls off Rs 1592 cr deal with RBNL for purchase of FM radio biz - TelevisionPost: Latest News, India’s Television, Cable, DTH, TRAI