HomeNewsBusinessCompaniesCabinet approves $5.7 bn mobile airwave surcharge

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
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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.
first published: Nov 8, 2012 11:42 am

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