Business Standard

Govt To Guarantee Returns On Rural Telephony Investments

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Thomas K Thomas BUSINESS STANDARD

The government will guarantee a modest return on investment for five years to operators setting up rural telephones.

Shyamal Ghosh, administrator, universal services obligation (USO) fund said the benchmark amount to be provided by the fund to the operators as support for offering rural phones would be calculated marginally above cost.

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First Published: Oct 15 2002 | 12:00 AM IST

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