Communications Minister Senator Conroy has released a draft Ministerial Determination today proposing that smaller Telcos with revenues less than $25million will not be required to contribute to Universal Service Obligations (USO) or disclose full financial details to the Australian Communications and Media Authority (ACMA).
In 2008-2009, 170 out of 194 carriers had less than $25million in revenue, so this will be welcomed news for smaller players looking to reduce regulatory compliance costs.
For more information about Universal Service Obligations, visit the ACMA site
