Nov 05, 2017

Govt. loses Rs. 5 b due to unlicensed satellite TV channels! Featured

Sri Lanka loses between Rs. three billion and Rs. five billion of foreign exchange each year due to unlicensed satellite television channels which are not being regulated in any manner.

Local agents for these channels charge for the equipment and the channel frequencies from their customers.

There is no regulatory process to monitor the money that is being sent out secretly by these agents as payments to the satellite channel owners.

Also, they telecast commercial advertisements of foreign goods and services in their channels without making any payments.

Reports say these services are patronized by more than one million people.

This situation is also causing injustice to licensed satellite channel service providers who pay taxes to the government.

All other countries in South Asia have proper regulatory mechanisms for their satellite TV services.