The branch of Telecommunications (DoT) has probable that lowering once a year range bill as not compulsory by Telecom Regulatory Authority of India (Trai) will reason the countrywide exchequer a slaughter of Rs 3,738 crore on restoration of three licences of telecom companies that will terminate in 2014. Bharti Airtel's licences in Delhi and Kolkata, Vodafone India's in Delhi, Mumbai and Kolkata, and Loop Mobile's licence for Mumbai will perish in 2014.
"By charging Trai- not compulsory hold back value and level charge of SUC (spectrum usage charge) of three per cent on annual gross revenue (AGR) from the accessible velocity of six per cent will upshot in loss in net current worth period at 12.5 per cent. This would effect in hammering of Rs 3,738 crore," a DoT official held.
While estimating the thrashing, DoT has understood that licences of the three operators would find range at Trai- not compulsory value and the same quantum that they grip currently.
Trai had not compulsory implementing a identical SUC of three per cent from April 1, 2014, and custody the superior edge of SUC chunk at five per cent.
SUC, which is levied per annum by the control as a entitlement of returns earned by mobile operators, varies from three to eight per cent.
Whereas the proposal may last part up given that some reprieve to cast list like Airtel, Vodafone, Idea Cellular, Reliance infrastructure, it may lumber holders of broadband wireless right to use ( BWA) range like Reliance Jio Infocomm who are obligatory to forfeit a mere one per cent SUC. On Thursday, top executives of Airtel, Vodafone, Idea and Uninor approached the Prime Minister's Office, the empowered cluster of ministers on telecom, DoT and Trai in quest of execution of a consistent velocity transversely the diligence.