Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 09, 2013

2G spectrum: DoT issues notices to telecom companies on one-time fee

The Department of Telecommunications (DoT) has begun issuing demand notices to telecom operators over the one-time spectrum fee. The companies will need to start paying up within 10 days.

2G spectrum: DoT issues notices to telecom companies on one-time fee
New Delhi:

The Department of Telecommunications (DoT) has begun issuing demand notices to telecom operators over the one-time spectrum fee. The companies will need to start paying up within 10 days.

In November, the government decided to levy one-time spectrum fee on quantum of spectrum held by existing operators over 6.2 Mhz and 4.4 Mhz spectrum.

As per government decision, telecom operators have to pay a retrospective one-time charge on spectrum held over 6.2 Mhz from July 2008 onwards till December 2012 and from January 1 , 2013 they had to pay charge computed based on price determined through auction held in November 2012.

For spectrum held above 4.4 Mhz, the government decided to levy a one-time charge prospectively upon the existing operators at 2012 auction-determined price.

According to sources, DoT has tentatively fixed provisional rate for spectrum in 1800 Mhz band for Delhi, Mumbai, Rajasthan and Karnataka circles where it did not receive any bids and premium 900 Mhz band.

Auction of the unsold spectrum in 1800 Mhz is due to start from March 11 after which auction of 900 Mhz and 800 Mhz will follow.

Sources said telecom operators have been asked to pay the amount in equal annual instalments for the balance number of years of licence in a manner that the last instalment is paid a year before the expiry of company's licences.

With inputs from PTI

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source