Consolidation in line with global practice, says Trai chief RS Sharma

Sharma's comments come at a time when the Union government is preparing for the next round of airwave auctions, expected in the latter half of 2019

Telecom Regulatory Authority of India chief R S Sharma has reiterated that consolidation in the domestic sector is in line with the international practice.

“My sense is that the sector is going to acquire stability, and looking at the examples around the world, 3+1 is a good number. I don’t see this number going down,” he said on the sidelines of an event here. By 3+1 he meant, Bharti Airtel, Vodafone-Idea, Reliance Jio and state-owned Bharat Sanchar Nigam.
 

Sharma’s comments come at a time when the Union government is preparing for the next round of airwave auctions, expected in the latter