Moneycontrol PRO
Upcoming Webinar:Prashant Shah explains ‘Irrelevance of Bull & Bear Markets for Success in Technical Analysis’. Register For Free!
you are here: HomeNewsBusiness

Trai directs Aircel to refund unspent balance to subscribers

In a directive, the Telecom Regulatory Authority of India (Trai) said it had received a large number of complaints from subscribers of Aircel Group seeking refund of balance amount in prepaid accounts and non-refund of security deposits in case of postpaid accounts.

April 23, 2018 / 09:50 PM IST

Telecom regulator Trai today directed beleaguered operator Aircel to refund the unspent balance and security deposit of its prepaid and postpaid subscribers, following consumer complaints in this matter.

In a directive, the Telecom Regulatory Authority of India (Trai) said it had received a large number of complaints from subscribers of Aircel Group seeking refund of balance amount in prepaid accounts and non-refund of security deposits in case of postpaid accounts.

The regulator "in order to protect the interest of telecom subscribers" has directed Aircel to process the refund of security deposits of postpaid subscribers and submit an area-wise compliance report by May 10.

This report, it said, should mention the number of subscribers whose security deposit have been successfully refunded as well as details of unclaimed and undelivered amounts.

Aircel has also been instructed to prepare a list of all prepaid subscribers ported out between December 1, 2017 and March 10, 2018 with details of the unspent balance against each account and the status of transfer of the amount.

Close

It has also asked Aircel to process refund to the prepaid mobile subscribers who have not been able to port out by March 10, 2018.

In February this year, Aircel had announced that it has filed for bankruptcy and cited "intense competition" in the sector as the reason for the move. Aircel had also asked its subscribers to port to other operators.
PTI
first published: Apr 23, 2018 09:45 pm

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark