TRAI refuses separate exit policy for telcos

The Telecom Regulatory Authority of India (TRAI) has been making some stringent policies. Last year, the company put in place several laws pertaining to mobile users and telecom companies. TRAI now recommends that companies looking to exit the telecommunication sector should not be refunded their entry fee and a separate exit policy isn’t required. So, it says that the fees paid by licensees should continue to be non-refundable. Telecom operators can give an advance notice of 60 days to surrender the permits. While TRAI put forth its suggestion on Monday, it awaits comments from stakeholders by April 5.Click here for full story