Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
RSS

News

COAI to take legal action against TRAI for predatory service rates

Author: IANS/Thursday, February 22, 2018/Categories: Telecom

COAI to take legal action against TRAI for predatory service rates

New Delhi, Feb 21 - Taking its grievances against the telecom watchdog's recent order on telecom tariff amendment a step further, the Cellular Operators' Association of India (COAI) on February 21 said it may take legal action and a decision on this should be taken by next week.

The COAI said the Telecom Regulatory Authority of India (TRAI) has created an environment of unequal footing amongst the telcos with the older ones feeling deeply victimised and let down. 

"We will speak to all our members and look for a consensus on the next steps to be taken. There has to be a public debate first and we have started that. The stakeholders including the DoT (Department of Telecommunications), PMO (Prime Minister's Office) and the courts need to look at this and take a stand on whether it is even-handed or not," said Rajan S Mathews, Director General, COAI.

Last week, the sector regulator said it would impose financial disincentive of up to Rs 50 lakh per circle on operators if their service rates are found to be predatory in nature.

The Telecommunication Tariff Order published by TRAI on February 16 said: "The definition of Non-discrimination provides a clear benchmark to telecom service providers to bring tariff offers to consumers on non-discriminatory basis."

"The telecom tariff order (TTO) issued by the telecom regulator is the latest of a number of regulations that are distorting the competitive landscape in favour of one operator, while putting all other operators at a serious disadvantage," COAI said without naming Reliance Jio.

COAI also said: "Competition is an absolute necessity in any industry and in the interest of customers, it must also be fair. TRAI is legally bound to ensure orderly growth of telecom sector and also ensure level playing field for all participants."

Print Rate this article:
No rating

Number of views (57)/Comments (0)

Kavita Giridhar Mallya

IANS

Other posts by IANS
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.