Budget 2020-2021: Government replaces telco service licensing fee

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Image: FIJI TIMES ONLINE

The data levy introduced last year and the telecommunications service licensing fee have been replaced with a single 2 per cent revenue-based telecommunications license fee.

Minister for Economy Aiyaz Sayed-Khaiyum said this was to keep things simple for the “telcos” and support its longstanding commitment to streamline the sector’s regulations.

He said half of a per cent of that new, simplified fee would go into an existing trust fund set aside for the continued development of Fiji’s telecommunications industry, “allowing us to further cement our standing as the ICT hub of the Pacific”.