Committee created to manage universal service fund

30 May 2008

Regulator SeCom has put together a committee that will manage the country’s universal service fund, reports BNamericas citing local paper La Nacion. The fund was due to be created before 1 January 2001, but the government never published regulations regarding management and the decree in 2000 calling for the fund’s creation was not enforced. The creation of the fund is seen as key to helping the development of telecoms services in rural or isolated areas. Mobile operators, ISPs and fixed line telcos are required to contribute approximately 1% of their total revenues to the fund. The committee is made up of members of SeCom, local telecoms watchdog CNC, fixed operators Telefonica de Argentina and Telecom Argentina, a representative of local cooperatives, mobile operator Claro and ISP association Cabase.