7. Financing Policies

The biggest problem is arranging the financial resources to provide rural telecommunications. Therefore the following policies are being adopted:

1. Implement social policy providing the financial support for introducing basic telecommunications service in unserved and unprofitable areas. Allocate soft loans from foreign and financial institutions to those projects which have reasonable return on investment and which are aimed at modernising the network with the most efficient design and technology.
2. Grant licences for the provision of new services in new regions through open and fair bidding. The license fee payments shall be used for a universal service fund to finance selected projects.
3. Develop regulations to support the investment of rural service providers who have established networks in rural areas and are providing services, from the fund for the development of universal services.
4. In cases where the universal service fund is unable to provide support for the above-mentioned investments, the investors should be allowed recover their losses in connection with the provision of services in rural areas by receiving licenses for high-profit service areas.
5. The service providers who have exclusive licenses in high-revenue market segments or make highly profitable business should be given universal service obligations to provide service in unserved or unprofitable rural areas.
6. BOT, BTO, business contract, joint venture, revenue-sharing agreement, and all possible internationally accepted forms of direct foreign investment will be accepted.

We want to implement our rural telecommunication project phase by phase. To define the total volume of financing we are making a budget calculation of rural telecommunication systems.