No need to fix floor price as of now: Trai

This came after Trai's meeting with telcos on Friday and there was consensus against such move

The Telecom Regulatory Authority of India (Trai), the sectoral regulator, has rejected the demand of some incumbent telcos to fix a floor price for voice and data services.

This came after a meeting the regulator had on Friday with industry players, and there was a consensus against any such move.

Trai Chairman R S Sharma, who took part in the more than two-hour discussion, said during the meeting a consensus had emerged that fixing a floor price was not a workable idea and as of now, there was no need for it.

“The consensus is that as of now, we