India balks at further telecom fee cuts

Jan 02, 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: Greenland darkening to continue, predicts CCNY expert Marco Tedesco

Related Stories

Cheap content, growing reach make Snapchat a fast-rising star

5 hours ago

Thousands of revelers descended on the Coachella music festival this month to rock out to their favorite bands and party day and night. But a far bigger audience from around the world - at least 40 million - joined in remotely ...

Google prepares for long battle in EU antitrust case

6 hours ago

Google Inc. probably faces a lengthy process in challenging antitrust charges by the European Union, but the Internet search giant might be able to avoid paying hefty fines or making big changes to its business.

Comcast expands 2-gigabit Internet service

6 hours ago

–In the race for speed, Comcast soon will offer the fastest residential Internet speed in the country to its 1.3 million residential customers in South Florida.

Recommended for you

'Map spam' puts Google in awkward place

1 hour ago

Google was re-evaluating its user-edited online map system Friday after the latest embarrassing incident—an image of an Android mascot urinating on an Apple logo.

Team develops faster, higher quality 3-D camera

1 hour ago

When Microsoft released the Kinect for Xbox in November 2010, it transformed the video game industry. The most inexpensive 3-D camera to date, the Kinect bypassed the need for joysticks and controllers by ...

User comments : 0

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.