TRAI recommends no change to exit policy

20 Apr 2012

The Telecom Regulatory Authority of India (TRAI) has given the Department of Telecommunications (DoT) its recommendations regarding a possible change in exit policy for telecoms licence holders, in light of the Supreme Court’s cancellation of 122 concessions in February. The TRAI reiterated its stance that, despite the change of circumstances, the licence fee should continue to be non-refundable, and no separate exit policy is needed. The current rules, which require a licensee to give regulators and customers 60 days notice before shutting down operations, are adequate the watchdog added.