For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Broadband Prices May Likely Come Down For Home Users

|

Broadband services that are now more in use due to the new work from home norm are likely to get cheaper as the government may reduce the license fee for fixed line broadband.

As per people privy of the development, license fee levied on AGR made from households for offering fixed line broadband will be dropped to Rs. 1 per year. The note said the estimated license fee for fixed-line broadband services, calculated taking 8% rate of adjusted gross revenue, is about 8.80 billion rupees a year.

Broadband Prices May Likely Come Down For Home Users
 

There will be a deliberation by the concerned ministry on the call before the proposal is finally taken up with the cabinet.

If the proposal goes through Jio which disrupted the telco industry will benefit immensely after it launched its broadband plans last year. Also, the move will help Bharti Airtel as also Vodafone Idea.

However, the change in policy is not proposed for large scale users such as commercial establishments. Though the proposal may mean the government losing Rs. 5927 crore considering 10% uptick in revenues over a 5 year period but lending greater access through reduced rates may result in an impact that could be worth for including job creation.

GoodReturns.in

Read more about: broadband internet
Story first published: Tuesday, June 23, 2020, 5:59 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more