The Indonesian government plans to mend the foreign ownership in local TV stations on suspicion that many broadcasters have breached the maximum limit of shares owned by foreign investors, a local newspaper reported Saturday.

A number of TV broadcasters have allowed foreign investors to own shares above the 20 percent limit set by the government, reported Kompas, quoting a minister as saying.

"We plan to gradually reduce their shares to 20 percent. It may take three to five years," said Minister of Communication and Information Sofyan Djalil.

He didn't elaborate.

Indonesia has more than 10 private TV channels. Most provincial governments also run their own television programs.

Source: Xinhua