Telcos approach Trai seeking early decision on floor price issue

MUMBAI: Telecom operators have asked the sector regulator to hasten the process to fix a minimum tariff for services, saying it was essential to the long-term sustainable health of the sector and help companies absorb the blow of adjusted gross revenue (AGR) dues.

The Cellular Operators Association of India (COAI), which represents private players Bharti AirtelNSE -4.22 %, Vodafone IdeaNSE 1.82 % and Reliance Jio Infocomm, in a letter to the Telecom Regulatory Authority of India (Trai) has also sought an open house on the matter “urgently”.