Thursday, March 1, 2012

Bharti Airtel, Vodafone suggests TRAI to deregulate mobile tariffs

Bharti Airtel and Vodafone India have suggested the Telecom Regulatory Authority of India (Trai) deregulate mobile tariffs or continue with its policy to allow telecom operators to fix calling rates, the companies said in separate letters. Airtel, the world's fifth largest and India's largest operator by subscribers, has asked to remove the cap on roaming tariffs. The company which is also a market leader by revenues and subscribers, warned against any kind of regulatory intervention as it may "prove to be catastrophic for the very sustenance of the industry". Vodafone, that follows Airtel in ranking of GSM operators, said tariff regulation would create uncertainty, reduce investment in the sector and lead to higher tariffs in a letter to Trai, seen by ET.
Source: Economic Times

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