Indian Economy News

TRAI to promote ease of doing business in telecom sector

  • IBEF
  • March 15, 2017

New Delhi: The Telecom Regulatory Authority of India (TRAI) is trying to identify the obstacles that create difficulties to perform telecom business with ease in India. TRAI plans to review its existing processes of licence acquisition, spectrum allotment and mergers in order to simplify them to the extent possible to economise on efforts on part of the Telecom Service Providers (TSPs) as well as the government. The procedures related to unified licence, acquisition of licence, compliance with commercial, financial, technical conditions, and compliance with roll-out obligations, payment of licence fee, financial bank guarantee and performance bank guarantee, adding and surrendering authorisations under the licence, are expected to be reviewed as a part of the process.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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