SME Times News Bureau | 22 Jul, 2017
The Indian telecom regulator on
Friday turned down the proposal of incumbent telecom players to fix a
floor price for both voice and data services and said it did not seem to
be a 'workable idea'.
"We had a detailed discussion (with
industry stakeholders) for two hours. Fixing a floor price was not a
workable idea. Prices will continue under the principles of forbearance
like now," Telecom Regulatory Authority of India (TRAI) Chairman R.S.
Sharma told reporters after the meeting.
He further clarified that there was a consensus that there is no need to persue this idea of floor price anymore.
On June 15, the telecom industry stakeholders had suggested to TRAI to fix floor prices for voice and data.
"The
operators today have discussed the idea of creating a floor price for
voice and data services. The rationale behind it was that no operator
can offer data and voice services below that price," Sharma had said
earlier.
