A reduction in the licence fee for fixed-line broadband services in households will help consumers at a time when more people work from home during the COVID-19 outbreak.
India is evaluating the option of lowering the licence fee for fixed-line broadband services to households. The concerned ministries have been asked to provide feedback on the proposal before it is sent to the Cabinet for approval, according to a Bloomberg report.
It was recommended that the licence fee on adjusted gross revenue (AGR) earned from households for fixed-line broadband services is reduced to Re 1, the report said.
Moneycontrol could not independently verify the story.
Calculated at 8 percent of AGR, the estimated licence fee for fixed-line broadband services is Rs 880 crore (Rs 8.80 billion) a year, Bloomberg reported.
If implemented, the move will help telecom majors such as Reliance Jio Infocomm, Bharti Airtel, and Vodafone Idea.
A reduction in the license fee for fixed-line broadband services in households will also help consumers at a time when more people work from home during the COVID-19 outbreak.
Services provided to commercial users, such as large corporations and businesses, will be unchanged, the report added.
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