Digitisation deferred for four months

Another shot in the arm for bears mid rally but the Dollar is more than little out of range at 56.38 in june contracts or spot effectively. spot can easily come back to 56.1 levels or the Interbank rate outside the NSE to 56.07 in today’s markets

The Digitization spiel has not worked on MSOs in the metros targeted but when it happens at a favorable estimate 50% of the 20 M connections may walk to DTH providers ho already command a 20% share of TV homes, much higher in the metros. Of course MSOs digitising their technology will also walk away with honors and in fact have been doing rather well on the news

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