Public Switched Telephony Network Licence fees
In consideration for the granting of the Public Switched Telephone (PSTN) license, the licensee shall pay to the Authority:
A basic licence fee comprising of three components:
(i) An initial license fee one hundred million United States Dollars (US$100,000,000);
(ii) An annual fee of three percent (3%) of the audited annual gross turnover;
(iii) A contribution to the universal services fund of two percent (2%) of audited annual gross turnover.
The licensee shall pay an annual number usage fee at the rate prescribed by the Authority from time to time. Such a fee shall be used in the development, administration and review of the numbering plan.
The licensee shall pay an annual frequency usage fee at the rate prescribed by the Authority from time to time for service that require the use of radio spectrum.