Cabinet approves $5.7 bn mobile airwave surcharge
The cabinet on Thursday approved a plan to levy a $5.7 billion total surcharge on airwaves held by long-established telecommunications operators, a government minister said.
November 08, 2012 / 12:05 IST
The cabinet on Thursday approved a plan to levy a USD 5.7 billion total surcharge on airwaves held by long-established telecommunications operators, a government minister said.
The move is expected to hit market leaders
Bharti Airtel and Vodafone's local unit and two state-run carriers the most. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!