November 13, 2005

THE JEWEL IN THE AXIS:

India's Telecom Sees More Liberalization (Indrajit Basu, Nov 11, 2005, UPI)

In a fresh dose of liberalization, India last Thursday announced a slew of relaxations in its telecom rules, which not only allows more players -- both local and foreign -- to enter the country's burgeoning telecom sector, but also allows existing and newer players more flexibility, slashes call rates even further and makes internet telephony legal in the country.

The most sweeping of all announcements India's Communications Minister Dayanidhi Maran made yesterday is the reduction of the entry fee and the license fee for telecom service providers. The annual license fee payable by operators for providing international long-distance call service and national long-distance call service has been slashed from 15 percent to 6 percent of gross revenues.

Posted by Orrin Judd at November 13, 2005 7:26 PM
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