Thursday, March 16, 2006

Govt rejects Hutchison & Maxis objection

Government rejects Hutchison and Maxis Communication objections to pay up-front fee and frequency usage costs of Rp480 billion for each company.
Hutchison and Maxis got the 3G license few years ago before government implement the new regulation on the service. Companies which won the 3G licenses recently have to pay up-front fee and frequency usage rights cost.
Government insists that the new policy is applied to Hutchison and Maxis as well, but these companies reject to do so.
The rejection might lead to law suits by Hutchison and Maxis. But government said it's ready to confront the possible law suits.

READ MORE!!!

0 Comments:

Post a Comment

<< Home