Government: Private telephone companies would pay new royalties rather than reducing profits to their workers

The Autonomous Decentralized Governments Commission presented on Wednesday, 22 October a proposal for that private telephone companies pay new royalties to the state . This would be included in the Draft Organic Law of Telecommunications.

The article proposes that telephone companies pay to the state a percentage of their total income, according to their market share, determined by the number of users.

From 35% to 44% of the market share, they would pay 1% of their income; from 45% to 54% they would pay 3%; from 55% to 64%, 5%; from 65% to 74%, 7%; and 75% onwards the 9%.

With this proposal, Richard Calderón, President of the Commission, said that the reform proposed by the government would be ruled out, which aimed to reduce the profits of Claro and Movistar workers from 15% to 3%.