Fee boost: An advertisement featuring Bollywood actor Shah Rukh Khan for Reliance Jio, the mobile network of Reliance Industries Ltd, is displayed at a bus stop in Mumbai. The licence fee reduction can help Reliance Jio accelerate its broadband services offering. —Bloomberg
MUMBAI: India is considering a proposal to reduce the licence fee for fixed-line broadband services to households, a move that would boost access and lower cost for Internet service in Asia’s third-largest economy.
Under the proposed plan, licence fee on the so-called adjusted gross revenue earned from households for providing fixed-line broadband services will be slashed to one rupee a year (0.01 US cents), people with knowledge of the matter said. The note said the estimated license fee for fixed-line broadband services, calculated at the rate of 8% of adjusted gross revenue, is about 8.80 billion rupees a year.
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