DoT amended the License (Virtual Network Operators) {UL(VNO)} for rationalization of the Application Processing fee

Apr 19, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Department of Telecommunications (DoT) on April 18, 2023, issued an Amendment in Unified License (Virtual Network Operators) {UL(VNO)} for rationalization of application Processing fee.

The following has been stated namely: -

• The Licensor reserves the right to modify the terms and conditions of the License, if in the opinion of the Licensor it is necessary or expedient to do so in the public interest or the interest of the security of the State or for the proper conduct of the telegraphs.

• The Licensor at this moment amends/appends the following in the guidelines for UL(VNO) license:

1. Existing Annexure-II of Unified License (Virtual Network Operators) {UL(VNO)}:

The table with the Details of Minimum Equity, Minimum Networth, and Entry Fee for various service authorizations has been inserted.

2. Amended Annexure-II of Unified License (Virtual Network Operators) {UL(VNO)}:

Details of Minimum required Equity, Minimum Networth, Entry Fee, FBG, and Application Processing Fee for various service authorizations.

This amendment shall be part and parcel of the Unified License (Virtual Network Operators) {UL(VNO)}, and other Terms & Conditions remain unchanged.

 

[Notification No. 20-405/2013 AS-I (Vol.-V) (Pt.2)]


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