The Union government plans to amend the Universal Service Obligation (USO) Fund rules to make it easier for telecom companies to access over Rs. 16,000-crore corpus lying with the government to push rural telephony. Which of the following statements about the USO Fund are correct? I.          The Universal Service Levy (USL) that finances the USO Fund is fixed at 2.5% of the Adjusted Gross Revenue (AGR) of Telecom Service Providers II.         The rural telephony services funded by the USO Fund include wireline, wireless as well as broadband services III.        The annual revenue share licence fee is reduced to the extent of reduction in contribution towards Universal Service Obligation Fund (USOF)