KATHMANDU, DEC 31 - Satellite Channel Pvt. Ltd. is all set to launch Direct To Home (DTH) service for the first time in Nepal.

The company will set up a hub of the KU brand in Nepal that will broadcast 80 national and international channels.

According to the company, the Ministry of Information and Communications has sanctioned the first operating license to it.

IME Group, Prabhu Group, financial companies and other banking sectors have their stakes in the Rs 1 billion project.

The company said that with the launch of its technology, the revenue losses incurred to the government through the illegal import of DTH will be reduced.

DTH is the latest technology that features digital sound system, channel recording facilities, movies/ songs on demand, games, pay channel, pre-paid channel among other informative and educational programmes.

D.B Serchan, Chairman of Satellite Channel Pvt. Ltd said that they have targeted to bring about 30,000 to 40,000 DTH sets in the first phase. "The company aims to provide satellite television channels in the remote areas as well," he added. The company will provide door-to-door services through IME and Prabhu Finance companies that have more than 1500 branches across the country.

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