Vodafone Idea says no Trai intervention on tariffs may prompt more industry exits; Airtel for 2 year floor price

NEW DELHI: Troubled Vodafone Idea has warned that the Indian telecom market may move towards a position of “virtual monopoly” if Trai does not intervene in tariff fixation, while Airtel has cited “huge existential and financial crisis” to bat for fixation of floor price for two years.

Jio has termed the fixation of floor price for data services as “vital” for the health of telecom sector, and urged Trai to continue the policy of forbearance for voice services, which it said is the preferred telecom service of the subscribers at the bottom of the pyramid.