The Cabinet on Nov 8,2012 Thursday approved levy of about Rs.31,000 crore as one-time fee on spectrum held by incumbent telecom firms such as Bharati Airtel and Vodafone in an attempt to create level playing field between old and new operators.
Finance Minister P Chidambaram said the Cabinet has approved the recommendation of an Empowered Group of Ministers that GSM-based telecom operators be asked to pay for airwaves they hold beyond 4.4 Mega-Hertz at an auction-determined price, while CDMA carriers pay for holdings beyond 2.5 MHz, for the remaining validity of their permits.
GSM-operators holding more than 6.2 MHz of spectrum will pay a retroactive fee for the airwaves from July 2008.
Finance Minister P Chidambaram said the Cabinet has approved the recommendation of an Empowered Group of Ministers that GSM-based telecom operators be asked to pay for airwaves they hold beyond 4.4 Mega-Hertz at an auction-determined price, while CDMA carriers pay for holdings beyond 2.5 MHz, for the remaining validity of their permits.
GSM-operators holding more than 6.2 MHz of spectrum will pay a retroactive fee for the airwaves from July 2008.
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