Sun Network has plans to enter the print media, launch
a second Malayalam channel and expand FM radio coverage
to more areas, according to Mr Kalanithi Maran, Chairman
and Managing Director, Sun Network.
He said that the main objective was to be present in all
spheres of communication and this was the logical step
towards it. This would be the next major investment of
the company and would be entirely funded by internal accruals,
company had no plans to go for an initial public offering
at present, Mr Maran said.
said that Sun Network has a major share of the Southern
markets. While all other southern markets had more than
one channel, there was only one Malayalam channel.
Maran said that he planned to roll out FM radio in more
areas soon, as he expected the FM licences to open up
again. He said that they planned to concentrate more on