e-Governance News
No separate exit policy for non-functioning telcom companies: TRAI
No separate exit policy for non-functioning telcom companies: TRAI
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By Elets News Network 27-March-2012
Telecom Regulatory Authority of India (Trai) is against the idea of creating a separate exit policy for telcos who did not want to continue offering telecom services.
While isssuing a response paper on Monday, the entry fee paid by licensees will continue to be non-refundable and an advance notice of 60 days to surrender permits will remain applicable. Comments from stakeholders have been saught by the telecom sector regulator.
Trai came up with the proposed recommendations based on responses from stakeholders and the Supreme Court’s February 2 verdict of cancelling 122 mobile permits issued in 2008, it said. The telecom department had asked Telecom Regulatory Authority of India in December last year to recommend an exit policy for all licensees.
Telecom Regulatory Authority of India had earlier issued a preconsultation paper on exit policy in January on issues like implications, advantages and disadvantages, to individual licensees, to the government revenues and to the telecom sector as a whole.
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