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HomeNewsBusinessWire NewsRe-verification of old subscribers to cost Rs 2,500 cr: COAI

Re-verification of old subscribers to cost Rs 2,500 cr: COAI

Re-verification of existing mobile subscribers through Aadhaar-based eKYC will cost an estimated Rs 2,500 crore, mobile operators' body COAI said today, seeking certain exemptions in the process.

February 19, 2017 / 14:06 IST
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Re-verification of existing mobile subscribers through Aadhaar-based eKYC will cost an estimated Rs 2,500 crore, mobile operators' body COAI said today, seeking certain exemptions in the process.

"The re-verification activity entails a huge cost which is borne by the telecom service providers. In this case, the activity needs to be carried out for about 1,000 million subscribers which is a huge number and involves a humongous resources and efforts," said Rajan Mathews, Director General of Cellular Operators Association of India.

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In a letter to the Telecom Department, COAI has estimated the cost of carrying out this activity at about Rs 2,500 crore.

The letter came in response to a meeting by the Telecom Department on the issue of re-verification of existing subscribers through Aadhaar-based eKYC.