The Telecommunications Regulatory Authority of Bahrain has issued new guidelines on how operators in the country should calculate their annual revenues. The issue is of particular importance to the TRA, which uses operator revenues as a measure for calculating the operators’ annual licence fees.
Eng. Mohammed Alnoaimi, director of technical and operations at Bahrain TRA, said: “In accordance with the telecommunications law, the funding of operations and activities of the regulator shall be derived from, amongst other sources, a percentage of each individual licensee’s gross annual turnover. The annual license fee is currently set at 0.8% of the gross annual turnover of the licensee attributable to licensed services – which is set very low to attract telecom investments in the country.”
“The proposed draft regulation has been developed based on international best practice, and in particular on revenue reporting guidance set down by the International Telecommunications Union. TRA also wishes to ensure that market players are provided with clear guidance about how to report annual revenues and, in particular, that the issue of what revenues are included and what are excluded for the purposes of calculating the annual license fee is clarified. The approach proposed in the consultation document sets out how best this might be achieved, focusing on the provision of a clear timetable to operators and sanctions for non-compliance."
TRA plans to issue the final resolution in 2015 so as to start applying it from 1st January 2016.