MIB rejects Horizon Satellite application for Bloomberg Quint license

The Ministry of Information and Broadcasting (MIB) has rejected the two prayers made by Horizon Satellite including the name change of its existing license to Bloomberg Quint, according to the submission made by Horizon Satellite Services in front of the Telecom Disputes Settlement and Appellate Tribunal (TDSAT).

The I&B Ministry has rejected Horizon Satellite’s application for change of name and logo giving another blow to the broadcaster’s plan to launch Bloomberg Quint. The broadcaster submitted that it was seeking remedy in accordance with the law before an appropriate forum and in view of that matter, prayed for permission to withdraw the petition.

The Ministry had no objections if the matter was disposed of and the tribunal disposed of the petition as withdrawn.

In the previous hearing, the I&B Ministry had told the tribunal that it would communicate its decision on the applications of Horizon Satellite on or before 25 December 2019 after it had earlier failed to comply with the tribunal’s direction to dispose of the matter within one week.

The broadcaster had earlier applied for the renaming of its ‘Y TV’ license to Bloomberg license which was not approved by the Ministry. It later moved the TDSAT to expedite its application which gathered pace over the last few weeks. With the Ministry rejecting the application, it remains to be seen which forum the broadcaster chooses to approach challenging the rejection of its application.