TRAI moots entry fee cut for mobile, other tel service licences; suggests merger of bank guarantees

Updated: Sep 19 2023 9:14PM

New Delhi, Sep 19 (PTI) Telecom regulator TRAI on Tuesday recommended a cut in the entry fee for mobile and other telecom service licences, and favoured merging of bank guarantees, in a bid to facilitate entry of new players and promote ease of business for existing ones.

In a sweeping set of recommendations, the sector regulator has mooted that the entry fee for Unified Licence (UL) in case of access service be halved, which along with suggestions of merging bank guarantees and other measures will "facilitate the orderly growth of the sector".

The measures will spur investment and growth, and in effect improve the quality of service and enhance consumer welfare, according to the Telecom Regulatory Authority of India (TRAI).