Monday, 27 January 2014

Telecom EGoM caps new spectrum usage fee at 5%.

The empowered group of ministers (EGoM) on telecom, which met today, approved a spectrum usage charge (SUC) of 5 percent of the annual gross revenue for all new spectrum acquired in the auction. Telecom minister Kapil Sibal said SUC will be computed using the weighted average of their (telcos') existing usage charge. The decision now awaits Cabinet nod.

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