Trai seeks views on need for a floor price for mobile services

NEW DELHI : The Telecom Regulatory Authority of India (Trai) on Tuesday kick-started a consultation process to determine if regulatory intervention is required in fixing tariffs and the need for a floor price for mobile services.

The regulator has also sought consultation on issues such as the methodology to fix a floor price and how to ensure that it does not benefit a section of operators with windfall profits. It has also sought suggestions on whether floor prices should be fixed for both data and voice services.

Mobile tariffs are currently under forbearance, which means operators have a free hand in fixing rates—they only have to report tariff plans to Trai within seven days of the launch