[opendtv] KTech Intros LPTV Digital Translator Assistance Plan
- From: "Manfredi, Albert E" <albert.e.manfredi@xxxxxxxxxx>
- To: "opendtv@xxxxxxxxxxxxx" <opendtv@xxxxxxxxxxxxx>
- Date: Wed, 2 Jun 2010 16:34:47 -0500
http://www.tvtechnology.com/article/101476
KTech Intros LPTV Digital Translator Assistance Plan
06.02.2010.
KTech Telecom has announced that a new financing program to help television
translator owners and operators make the switch to DTV operation as part of the
initiative set in place through the National Telecommunications Information
Administration (NTIA).
The U.S. Congress earmarked $44 million in 2008 to assist translator owners and
operators install digital transmission equipment in a program administered by
the NTIA. One of the sticking points in that program is that it operates on a
reimbursement basis, requiring translator owners/operators to make a
significant cash outlay before being compensated by the NTIA.
KTech has introduced its own financing program to help overcome this hurdle.
The company has agreed to provide digital translator equipment to owners and
operators with approved credit by entering into a purchase agreement based on a
secured promissory note. The note will be repayable within six months, or upon
receipt of reimbursement from the NTIA, whichever occurs first. KTech has
implemented this financing option on a first-come, first-served basis and will
be offering it for a limited time only.
For more information, contact KTech Communications at 818-773-0333 or visit the
company's Web site at www.ktechtelecom.com.
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