Union Cabinet approves Spectrum Usage Charge for the spectrum in various bands

Posted on:04 Aug 2016 18:31:34

Union Cabinet approves Spectrum Usage Charge for the spectrum in various bands
04 August 2016 Current Affairs GK: The Union Cabinet has approved the rates for Spectrum Usage Charge (SUC) for various bands of spectrum for which auction are going to be conducted shortly. With this approval the path is clear for issuance of the Notice Inviting Application (NIV) for spectrum auction by the Department of Telecommunications (DoT). SUC is the charge that telecom firms have to pay the government every year. The Union Government earns about Rs.7,000 crore annually from it.

SUC in 700, 800, 900, 1800, 2100, 2300 & 2500 MHz band in the forthcoming auction will be charged at 3% rate of Adjusted Gross Revenue (AGR).

 It excludes the revenue from wire-line services. The weighted average will be derived by sum of product of spectrum holdings and applicable SUC rate divided by total spectrum holding. The Weighted Average Rate will be determined operator wise for each service area. It will be assigned to an operator in all access spectrum bands obtained in 2010 auction. The amount of SUC has been derived after taking into consideration the spectrum acquired in the coming auction. It has excluded the spectrum in 2300/2500 MHz band acquired prior to 2015-16. It will be treated as the floor amount of the SUC to be paid by the operators.

This will facilitate to move to a transparent, simple and flat ad-valorem SUC regime in the telecom sector. It will be done in accordance with the law and avoid creative accounting to bypass the revenues. It is considered as step towards a uniform rate for all players.

Gk Current Affairs April 2017

27 APRIL
NEWS
26 APRIL
NEWS
25 APRIL
NEWS
24 APRIL
NEWS

Gk Current Affairs March 2017

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS

Gk Current Affairs February 2017

28 FEBRUARY
NEWS
27 FEBRUARY
NEWS
25 FEBRUARY
NEWS
24 FEBRUARY
NEWS




Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.