NEW DELHI: India’s telcos will now have to shell out higher levies for utilising spectrum — the airwaves on which all mobile phone signals travel —
from January 1, 2010. The move will further hit the bottomlines of all companies whose profits have been impacted due to a fiercely competitive price war.
The nine-member empowered group of ministers (EGoM) headed by finance minister Pranab Mukherjee during its meeting last week endorsed a proposal from the communications ministry to increase the spectrum usage charges by up to 2 per cent. For the industry, the EGoM move implies that all operators combined will have to shell out an additional about Rs 2,000 as levies for using the radio frequencies allotted to them.
Spectrum usage fees may be hiked by 2%- Telecom-News By Industry-News-The Economic Times
from January 1, 2010. The move will further hit the bottomlines of all companies whose profits have been impacted due to a fiercely competitive price war.
The nine-member empowered group of ministers (EGoM) headed by finance minister Pranab Mukherjee during its meeting last week endorsed a proposal from the communications ministry to increase the spectrum usage charges by up to 2 per cent. For the industry, the EGoM move implies that all operators combined will have to shell out an additional about Rs 2,000 as levies for using the radio frequencies allotted to them.
Spectrum usage fees may be hiked by 2%- Telecom-News By Industry-News-The Economic Times
