Government to charge for extra spectrum

November 4th, 2008 - 10:25 pm ICT by IANS  

Manmohan SinghNew Delhi, Nov 4 (IANS) The government will charge one percent of gross revenue of telecom operators for holding eight megahertz (MHz) of radio frequency for second generation (2G) services, a top government official said. Minister of Communications and IT A. Raja, in his meeting with Prime Minister Manmohan Singh and Finance Minister P. Chidambaram Tuesday, discussed levying one percent average gross revenue (AGR) for holding eight MHz and about two percent AGR above eight MHz, the official told IANS n condition of anonymity.

It was also decided that the third generation (3G) radio frequency will be auctioned as per schedule specified.

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