Keeping in perspective upsurge at mobile number portability (MNP) requests, the Telecom Regulatory Authority of India (TRAI) has decided to slash its speed to Rs 4 per successful porting from Rs 19 earlier.
The TRAI arrived at the decision after taking into consideration the comments received in the industry stakeholders.
A statement issued by the TRAI said it might come into effect from the date of official Gazette notification.
Beneath the MNP program, a contributor can retain the existing mobile telephone number while switching from one service provider to another or from 1 technology to the next technology of the identical service provider. It allows subscribers to keep their mobile number not only inside the exact same Licensed Service Area (LSA) but additionally pan India in almost any LSA.
After observing an important decline in the per vent trade price, the sectoral regulator decided to slash the purchase price.
“After reviewing the financial results of both the MNP providers and the upsurge in the volume of porting requests in the past two decades, the Authority opined that the current charge of Rs 19 is quite high when compared to price and volumes of trade involved,” the announcement said.
“In many cases, the operators have been bearing this cost on behalf of their clients approaching them for the port-in. Consequently, it is going to be beneficial for both operators and customers since the cost of porting will be greatl” decreased,” said Rajan S. Mathews, Director General, Cellular Operators’ Association of India.