Govt okays Internet Service Providers to set up landing stations for submarine cables

The revenue sharing system, on the lines introduced for telecom operators last year, would be effective from August 1999, he said. According to official sources, the license fee for the migration package for city radio paging operators will be fixed at 5 per cent of the gross revenue. For the circle radio paging operators the license fee will be fixed at 5 per cent pending recommendation of the Telecom Regulatory Authority of India (TRAI).µFurther, revenue for incoming calls will be shared between paging and basic service providers. The Cabinet also decided to reduce customs duties on pagers to 5 per cent and bring it at par with the cellular industry.µAs per the restructuring guidelines, the Cabinet also allowed the Indian telecom players to acquire the shareholding of their foreign partners or substitute them with others with the same equity limit, subject to DoT’s approval.µAccording to official sources, transfer of equity between existing Indian promoters would be permitted provided the majority partner continued to hold the present shareholding for not less than five years from the date of the licence agreement.