On 02/07/2024, the Minister of Information and Communications issued Circular 07/2024/TT-BTTTT guiding the mechanism and principles for controlling prices, the method for pricing the rental of cable networks in buildings and the rental of passive telecommunications technical infrastructure among telecommunications enterprises, organizations and individuals owning telecommunications works; it took effect from 16/08/2024.
1. Mechanism and principles for controlling rental prices of cable networks in buildings from 16/8/2024
Pursuant to Article 3 of Circular 07/2024/TT-BTTTT, the mechanism and principles for controlling the rental prices of cable networks in buildings and passive telecommunications technical infrastructure rentals are regulated as follows:
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– The State manages the rental prices of cable networks in buildings and passive telecommunications technical infrastructure rentals under a market mechanism with State regulation; respecting the pricing autonomy and price competition rights of organizations and individuals investing in the construction of cable networks in buildings and passive telecommunications technical infrastructure as prescribed by law.
– The State controls the rental prices of cable networks in buildings and passive telecommunications technical infrastructure rentals to protect the lawful rights and interests of lessees, lessors and the common interests of society as prescribed by law and in Circular 07/2024/TT-BTTTT.
– The control of rental prices of cable networks in buildings and passive telecommunications technical infrastructure rentals is carried out through the rental price control method and the rental pricing method prescribed in Circular 07/2024/TT-BTTTT.
Notes on applying current legal provisions
This article belongs to the Enterprise & M&A Knowledge group and is presented for reference, helping readers understand the legal issue at an overview level before preparing dossiers or conducting transactions.
Legal provisions may change depending on timing, locality, dossier type and specific circumstances. Where it is necessary to determine the exact legal basis applicable to your dossier, you should contact an ANT Legal lawyer at 0966.475.966 for review and advice before proceeding.
Common risks to note
- Applying legal texts that have been amended, supplemented or replaced.
- Preparing incomplete dossiers, documents or evidence.
- Misunderstanding the applicable conditions, procedures, time limits or competent authority.
- Signing, filing or conducting transactions without fully assessing legal risks.
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ANT Legal assists in reviewing specific situations, checking dossiers, identifying the applicable legal basis, advising on handling plans, and representing you in working with individuals, organizations or competent authorities when necessary.
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Frequently asked questions
Who controls the rental prices of cable networks in buildings? The price control mechanism is guided in Circular 07/2024/TT-BTTTT of the Ministry of Information and Communications (before the ministry merger).
May building owners set their own prices? They must comply with the price control principles prescribed; they may not abuse their position to impose unreasonable prices.
