India considers license fee cut for household broadband service

India is considering a proposal to reduce the license 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, license fee on the so-called adjusted gross revenue earned from households for providing fixed-line broadband services will be slashed to 1 rupee a year (0.01 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.