The Minister of Public Enterprise, Poasi Tei, revealed this in Parliament during deliberations on his ministry's budget estimate.
He told Parliament that in the past three years, the state broadcaster had not been able to pay its dividend, which was contrary to the government's objective of encouraging its enterprises to make profits.
Supporting the cabinet's initiative, the Minster of Finance, Tevita Lavemaau, said the proposal was for government to hold 51 percent of shares while 49 percent will be given to a private company to operate the television and radio stations.
