Cable TV subscribers may have to pay additional service charges soon: All you need to know

first_imgCable TV subscribers may have to pay additional service charges soon: All you need to knowCable TV operators have proposed to levy service charges in order to gather enough income for paying employees. The new TRAI regulations have resulted in reduced income for cable TV service providers.advertisement Amritanshu Mukherjee New DelhiApril 9, 2019UPDATED: April 11, 2019 09:53 IST HIGHLIGHTSCable TV operators in Kolkata have given a proposal to TRAI for levying service charge.With new regulations, cable TV operators have witnessed a drop in revenue up to 45 per cent.With the service charge, the cable TV operators propose that they will be able to deliver services uninterruptedly.It’s been more than two months since the Telecom Regulatory Authority of India (TRAI) enabled the new DTH and Cable TV regulations. While the new regulations promised a more transparent system with efficient pricing for both consumers and operators, it wasn’t received positively by everyone. Many have complained about higher TV bills as well as lesser TV channels in their subscriptions. In spite of all this, the DTH operators are managing to earn profits with their customised channel bouquets. Cable TV operators have been struggling and, if TRAI approves, they will end up levying an additional service charge from their customers.According to a report from Times, the cable TV operators in Kolkata have given a proposal to TRAI for levying service charge from their customers. The service charge is expected to take care of all the maintenance work required in a cable TV network. With the additional service charge, the cable TV operators will also be able to sustain a minimum income in order to pay salaries for their employees.The report states that after the new TRAI regulations were implemented, cable TV operators have witnessed a drop in revenue up to 45 per cent. The new DTH and cable TV regulations now require operators to offer a minimum channel pack at Rs 99. TRAI set a maximum limit of Rs 130 for the price of the base pack while adding a few channels will require customers to pay NCF as well as additional charges.With the new regulations, the channel prices have been increased by a substantial margin. However, the majority of the profits go to broadcasters and cable TV operators only get a 20 per cent cut for offering the service. This has resulted in extreme losses for cable TV operators since the new regulations have been implemented.advertisementAs of now, the cable TV operators have proposed a service charge between Rs 20 – Rs 25. With the service charge, the cable TV operators propose that they will be able to deliver services in an uninterrupted manner.With service charges levied, watching TV will get more expensive in the coming days. The new TRAI TV regulations have so far resulted in increased prices for consumers. While the new regulations have increased transparency by letting consumers know about what they pay, it has also resulted in new structures that demand taxes and additional charges.To retain subscribers, DTH operators have gone a step ahead and are offering sweet deals on long terms channel bouquets. Operator chosen packages are also available at older prices with carefully chosen channels as well as special offers.To cash-in on the opportunity, many OTT platforms are coming up with more affordable yearly plans. For example, Hotstar is offering a Rs 365 VIP Plan that offers an entire year’s access to all Hindi TV channels and all sports channels. Netflix also recently announced a drop in prices for its subscription while Amazon offers a subscription to its entire ecosystem of Prime services for Rs 999 per year.ALSO READ | DTH new rules come into effect, TV viewers slam TRAI for confusion and expensive monthly TV plansALSO READ | TRAI’s new Best Fit Plan: What is it, how to get it and everything you need to knowALSO READ | TRAI new DTH rules enforced from Feb 1 are so complex that no one understands them and that is a shameGet real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byAmritanshu Mukherjee Tags :Follow traiFollow Cable TVFollow DTHlast_img read more

Fishermen alerted public cautioned as cyclone develops

Fishing boats in the Eastern seas have also been taken ashore to prevent any damage being caused by the cyclone. The Disaster Management Centre (DMC) said that fishermen have been advised to stay away from engaging in fishing activities in the Eastern seas and between Hambantota and Jaffna. Fishermen have been alerted and the public have been cautioned as a cyclone is developing just off Sri Lanka.The Department of Meteorology said that a deep depression located southeast of the Bay of Bengal is likely to develop into a cyclone and affect Sri Lanka over the next couple of days. Meanwhile, the National Building Research Organisation (NBRO) has also urged the public to be on alert over possible landslides.The DMC has also been placed on alert to respond to any disaster which may occur as a result of the cyclone. (Colombo Gazette) read more

Buffett cant predict how negative rates will affect economy

OMAHA, Neb. – Investor Warren Buffett says he can’t predict how having interest rates negative for a prolonged period will affect the economy because it has never happened before.The billionaire from Omaha said on CNBC Monday that Berkshire Hathaway’s insurance units in Europe will lose money on the cash they have to keep in banks.He joked that Berkshire would be better off stashing cash in a giant mattress instead of banks if only he could find a trustworthy person to sleep on top of a billion euros.Buffett says he understands why regulators cut interest rates to help Europe recover, but there’s no way to know how that will affect business.Buffett released his annual letter to Berkshire shareholders over the weekend. by The Associated Press Posted Feb 29, 2016 5:50 am MDT Last Updated Feb 29, 2016 at 6:20 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Buffett can’t predict how negative rates will affect economy read more