REVENUE-SHARING PACT MAY REPLACE TELECOM FEES
Article Abstract:
The Government of India proposes to convert the current licence fee for basic and cellular telephone services into a revenue- sharing agreement between the Government and the operators. The Government is likely to make an official announcement at the Prime Minister's advisory panel's meeting to be held in Delhi on December 14, 1998. The decision will benefit operators as they can avoid the deadlock situation arising from their inability to pay licence fee. The decision will prevent telecom business going sick and the Government will also receive the payment through getting part of operators' revenue. At present the telecom firms are demanding two-year moratorium on payment of licence fee stating that the size of the market was much smaller than they had expected at the time of bidding. (gs)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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INDUS TELECOM TO MOVE INTO THREE MORE CIRCLES BY `99
Article Abstract:
Indus Telecom Ltd of Hyderabad, which provides payphone instruments and management services and phonecards, plans to expand its services to three basic telecom circles by 1999. The company plans to set up about 25,000 payphones, out of which 5,000 are to be installed in the first phase. It is collaborating with Hughes Ispat Ltd to provide value-added services for basic telephony in the Maharashtra circle. The company, which has invested about Rs100 crore on basic infrastructure, expects a turnover of Rs150 crore from the Maharashtra circle in its first full year of operations. (khr)
Comment:
Plans to expand its services to three basic telecom circles by 1999
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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MoST SLASHES CHARGES FOR LAYING TELECOM LINES TO Rs5
Article Abstract:
The Ministry of Surface Transport (MoST) of the Government of India has reduced the charges for laying telecom cable lines along the national highways to Rs5 from Rs75 per metre. It has informed the private cellular and basic telecom service providers of this change. The telecom service providers, who have agreed to this, feel that MoST has no right to charge a levy for laying cables near the national highway as the right belongs to the National Highway Authority of India. (ag)
Comment:
India: Surface Transport Min reduces charges for laying telecom cable lines along national highways to Rs5 from Rs75 per meter
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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