- 13 - a. Information attesting to the fact that the applicant has the technical and administrative capacity to provide the service; b. Information attesting to the fact that the applicant has the financial capacity and determining the project financing sources; c. Foundations for the pricing of the proposed services as well as the way of their calculation; d. Types of the proposed services, the geographical area they cover, and the technology to use; e. Any other information or documents that the Ministry may require. Article 27 The Ministry may dismiss any licensees if it estimates that their participation in competition leads to monopoly. Licensee’s Commitments Article 28 A license shall be issued by a decision of the Minister, provided it encloses a contract including, in addition to any other conditions stipulated in the present Law, the following: a. The Ministry’s fees for licenses, their duration and renewal, as well as any other periodic payments which the licensee shall make; b. The licensee’s commitment to produce any information or data pertaining to the license, which the Ministry may require sporadically or periodically. The Ministry employees may check the veracity of the information and data; c. The licensee’s commitment to abide by the Ministry’s instructions with regard to the implementation of the telecommunications general policy, including the terms of the contracts between beneficiaries and licensees; d. The licensee’s commitment to provide necessary financial insurance to refund subscribers, should the license be cancelled;

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