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 a 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 2 percent AGR above 8 MHz, the official told IANS on the condition of anonymity.
The new tariff proposal would now go to Telecom Commission for approval, say sources.
The decision follows finance ministry alleging that the spectrum being under-valued for telecom operators. The controversy arose after some of the new applicants, who were charged a licence fee of Rs 1,651 crore for pan-India operation, sold majority or minority stakes at very high prices without even starting operations.
In the meeting, it was also decided that the third generation (3G) radio frequency will be auctioned as per schedule specified.
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