India Slashes Telecom Entry and License Fees
India said Thursday it is slashing the entry fee for mobile companies seeking to offer national long-distance telecom services, in a move to spur more growth in what is already the world’s fastest-growing mobile market.
India’s government said the national long-distance fee was being cut to Rs 25 million ($582,000) from Rs 1 billion ($23 million). The same fee now applies for international long-distance services, which had been at Rs 250 million ($5.8 million) before the change.
The government also reduced the annual licence fee for both services to six percent of annual gross revenue from 15 percent. This will add 9 percent to the bottom line of telecom companies in India.
The new rates will be effective January 1, 2006.
posted by Fergie @ 11/10/2005 11:23:00 AM
1 Comments:
The long distance rates for customers are already all time low. This rate slash by goverment will allow more benefit for customers. i see the calling rates going further down in this scenrio.
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