Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / DoT raises entry fee, validity of ISP licences
BackBack

DoT raises entry fee, validity of ISP licences

DoT raises entry fee, validity of ISP licences

Premium

New Delhi: The government has extended the one-time entry fee for Internet Service Providers (ISP) licence by up to Rs10 lakh while raising the validity by five years.

“The validity of licence agreement is initially for a period of 20 years unless otherwise terminated," the Department of Telecom (DoT) said in a circular.

On entry fee the circular said, “The one-time entry fee of Rs30 lakh for Category-A Internet Service Licence and Rs15 lakh for Category-B Internet Service Licence is to be paid before signing of the licence agreement."

Going by the guidelines issued in August 2007, the ISP licence was valid for 15 years and the one-time entry fee was Rs20 lakh and Rs10 lakh for Category-A and category-B circles, respectively.

The new amendments will come into effect immediately. There are more than 375 ISPs all over India with some operating pan-India and few in selected areas.

This is the second time in the last two months that the DoT has amended the ISP licence guidelines. In December last year, the government made it mandatory for the players to take security clearance before buying any equipment or software.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 04 Feb 2010, 07:34 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie