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Spectrum Management Authority records increase in revenue

Inflows to the Spectrum Management Authority's coffers have been higher than expected.

It's 2015/2016 annual report, tabled last week in Parliament, shows it  projected total income of  $293.86 million  from regulatory and processing fees as well as other earnings.
   
However, for the period ending March 31, 2016, the Spectrum Management Authority's total income amounted to $318.4 million .
   
Revenue for the financial year amounted to $289.8 million which was $17 million  higher than the previous year.


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