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Argentina: Telecommunications ministry issues USF regulations Print E-mail
Friday, 15 June 2007
SeCom, Argentina’s telecommunications ministry, issued a resolution ordering operators to start contributing 1.0% of their revenues to a universal service fund.

Resolution 80/2007, published on June 14 in the country's official gazette, states that the requirement to contribute to the fund commences in July 2007. Mobile operators, ISPs and fixed line companies are required to deposit their contributions in Banco Nacion until the universal service fiduciary fund is established.

The Fondo Fiduciaro del Servcio Universal (FFSU) was approved in 2000 as part of the Decree 764/00 (Reglamento General de Servicio Universal). The fund was supposed to be implemented by January 1, 2001. After a long delay, in August 2006, Argentina's ombudsman Eduardo Mondino filed a lawsuit to force the government to create and regulate the fund.

According to resolution 80/2007, SeCom and telecommunications regulator CNC will form a commission that will administer the universal service fund.

Source: Business News Americas - WDR/Intelecon Regulatory News.