New Delhi : The inter-ministerial panel Telecom Commission on Wednesday asked the sector regulator Trai to implement orders on promotional mobile tariffs in “letter and spirit” and review existing rules to ensure financial growth of the industry.
“The commission today discussed decline in revenue of telecom industry in second and third quarter. This is the first time revenue of the sector has declined. The commission has decided that Trai may be apprised of commission’s concern and implement its own order and direction on tariffs in letter and spirit and also review existing rules for orderly financial growth of the sector,” a source said.
It is one of the functions of Telecom Regulatory Authority of India to ensure orderly growth of the sector and therefore commission desired that the regulator should be asked to look at necessary changes to be made in its existing policy or regulation to protect financial health of the sector, the source added.
The source said that the decision was taken after the presentation on revenue trend in the sector by the Department of Telecom noticed a decline of 10 per cent to around Rs 500 crore between second and third quarter of ongoing financial year and no telecom operator was specifically discussed during the meeting.
