International Long Distance Services
The ILD service is basically a network carriage service, providing International connectivity to the network operated by foreign carriers. In accordance with the New Telecom Policy-1999, the Government opened the International Long Distance Service from 1st April 2002 for private operators. There is no restriction on the number of operators. The Indian registered companies having a net worth of Rs.2.5 crore are eligible to apply. The total foreign equity in the applicant company must not exceed 74 per cent at any time during the entire license period. Investment in the equity of the applicant company by an NRI/OCB/International funding agencies is counted towards its foreign equity. The entry fee of Rs.2.5 crore is to be submitted before signing license agreement along with Performance Bank Guarantee of Rs.2.5 crore. The license is valid for 20 years from the date of license agreement. So far 18 companies have signed license agreement for International Long Distance service.
Source: National Portal Content Management Team, Reviewed on: 10-01-2011