You are here: Home » News-IANS » Business-Economy
Business Standard

Telecom operators to seek legal help against TRAI's IUC slashing

IANS  |  New Delhi 

A majority of telecom operators will seek legal redressal against Indian telecom regulator's decision of slashing mobile termination charges to 6 paisa per minute from 14 paisa, Cellular Operators' Association of India's Director General Rajan S. Mathews said.

"Clearly this is a disastrous tariff order. We have indicated earlier that the regulator has to be transparent about how it is arriving at a number. This massive reduction is disastrous for the financial health of the sector. Majority of our members will look for legal redressal," Mathews told IANS.

The Telecom Regulatory Authority of India further said it will phase out mobile termination charges by January 1, 2020.

Mathews also said that customers will not be benefitted from this.

Vodafone, in a statement, said: "The Indian telecoms industry is already experiencing the greatest period of financial stress in in its history. This is yet another retrograde regulatory measure that, unless mitigated, will have serious consequences for investment in rural coverage, undermining the Government's vision of Digital India."

--IANS

ag/vd

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, September 20 2017. 00:04 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU