ITR cut: Telcos face Rs 20-bn loss but Trai says move to kill grey market

Although Trai's decision to cut international termination rate (ITR) to 30 paise per minute from 53 paise/min would result in loss of about Rs 20 bn in revenues of telecom firms but the regulator feels it was necessary to keep a check on the grey market, which poses a serious security threat to the country.

The Telecom Regulatory Authority of India (Trai) has announced a cut in the ITR 30 paisa/min from 53 paise /min, effective February 1, 2018. ITR is what Indian operators receive for termination of international incoming calls on their networks.

As per the regulator,