Mobile phone users may have to pay double tariffs in India?
Added On:5/4/2012 9:09:00 PM
According to a latest update, cell phone users now have to pay more for their call charges. If reports are to be believed, top telecom companies have warned that the latest implementation of the tele companies regulator's recommendations on spectrum auction could lead to a 100% jump in call rates in India.
Presently, tariffs in India are the lowest in the world.
Commenting at a joint media briefing, the Chief Executives of Bharti Airtel, Vodafone, Idea Cellular, Telenor-owned Uninor and Videocon have stated that the proposals made by the Telecom Regulatory Authority of India (Trai) could prove to be the "death-knell" for an industry considered the poster-child of the Indian economy.
Sanjay Kapoor, Chief Executive Officer of Bharti Airtel has also shared his views that Trai's latest move will make business more difficult for telcos. It is worth noticing that telecos are already pressured by high debt and thinning margins.
Industry insiders informed our team that a delegation including Bharti Airtel chairman Sunil Mittal, Vodafone Group Chief Executive Vittorio Colao, and Telenor Group President and CEO Jon Fredrik Baksaas will meet Finance Minister Pranab Mukherjee, Telecom Minister Kapil Sibal, Home Minister P Chidambaram, representatives from the Prime Minister's Office and four other policy makers to convey their views on tariff increase.
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