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Ncdc Planning $150m Borrowing

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Abhijit Das BSCAL
Last Updated : May 12 1999 | 12:00 AM IST

The Telecom Regulatory Authority of India (Trai) will not be able to recommend the percentage of the revenue to be shared between the telecom operators and the government for at least three to four months. This was the view taken by the authority at its meeting yesterday.

This implies that existing telecom operators who choose to migrate to the revenue-sharing arrangement under the new telecom policy will have to start paying 15 per cent of their gross revenues as licence fee from August 1.

The migration of the existing telecom operators from the present burdensome fixed-licence regime to the easier revenue sharing arrangement was approved by the Union cabinet on Tuesday. At a

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First Published: May 12 1999 | 12:00 AM IST

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