Trai seeks views on reduction of telecom licence entry fee, clubbing bank guarantees

New Delhi: Telecom regulator Trai on Tuesday floated a consultation paper on reducing entry fee for telecom licences and clubbing of financial and performance bank guarantees. At present, there is a different entry fee charged for unified telecom licences and licences for virtual network operators.

The Department of Telecom (DoT) has sought recommendations of the Telecom Regulatory Authority of India (Trai) on reducing the entry fee and making it uniform for all kinds of permits.

The DoT in its letter dated March 3 also asked Trai to give its recommendation on merging of financial bank guarantees and performance bank guarantees and prescribing a single bank guarantee for each permit.