India balks at further telecom fee cuts

January 2, 2006

The Indian government has rejected a proposal to cut telecom licensing and spectrum fees rather than face continuing revenue losses.

The Telecom Regulatory Authority had proposed the reduction; however, the Business Standard reported Sunday night that the Finance Ministry vetoed the idea, telling the newspaper that "the government cannot go on reducing the license fee forever."

Reducing fees paid by telecom operators has played an important role in spurring infrastructure expansion. Another cut, however, would cut into revenues the exchequer was planning on.

Industry officials said India continued to have regulatory costs well above those paid in China and other countries in the region.

Copyright 2006 by United Press International

Explore further: Ericsson profit hit by poor US performance, global sales up

Related Stories

Ericsson profit hit by poor US performance, global sales up

April 23, 2015

Sluggish broadband demand in North America is hurting Ericsson, the world's largest networks maker, which reported Thursday a 14 percent drop in first-quarter net profit to 1.5 billion kronor ($ 173 million) despite a rise ...

Comcast strikes deal to buy Time Warner Cable (Update)

February 13, 2014

With a single behemoth purchase, Comcast is creating a dominant force in American entertainment and presenting federal regulators with an equally outsized quandary: How should they handle a conglomerate that promises to improve ...

Recommended for you

Seeing quantum motion

August 28, 2015

Consider the pendulum of a grandfather clock. If you forget to wind it, you will eventually find the pendulum at rest, unmoving. However, this simple observation is only valid at the level of classical physics—the laws ...

Just how good (or bad) is the fossil record of dinosaurs?

August 28, 2015

Everyone is excited by discoveries of new dinosaurs – or indeed any new fossil species. But a key question for palaeontologists is 'just how good is the fossil record?' Do we know fifty per cent of the species of dinosaurs ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.