Market forces, not Trai, determine tariffs: Sharma

BARCELONA: Trai chief R S Sharma has said that mobile companies are free to revise their tariffs in line with market forces and there is no need for the regulator to interfere or respond to the business stress of the operators.

Sharma said the industry needs to find sustainable ways to cope with financial difficulties, adding, there is not much scope for the regulator in the determination of tariffs. “Who is fixing the tariffs? It is the players who are doing that,” Sharma told TOI .

Sharma said that mobile companies need to take decisions in line with their business requirements and plans, as well as their financial positions. “It is competition that will decide tariffs, not the regulator.”