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TRAI Turns Down Floor pricing proposal says 'not a workable idea'

TRAI Turns Down Floor pricing proposal says 'not a workable idea'

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DQC Bureau
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TRAI, Turns Down, Floor pricing proposal,
TRAI has recently rejected the proposal of incumbent  telecom players to fix a floor price for both voice and data services and said it did not seem to be a 'workable idea'.
"We had a full discussion with industry stakeholders for two hours. Fixing a floor price was not a workable idea. Prices will continue under the principles of forbearance like now," Telecom Regulatory Authority of India (TRAI) chairman RS Sharma told reporters after the meeting.

He further clarified that there was a consensus that there is no need to pursue this idea of floor price anymore. On June 15, the telecom industry stakeholders had suggested to TRAI to fix floor prices for voice and data.

 "The operators today have discussed the idea of creating a floor price for voice and data services. The rationale behind it was that no operator can offer data and voice services below that price," Sharma had said earlier.
trai floor-pricing-proposal
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