Trai to discuss tariff floor price with telecom CEOs on July 21

Telecom firms have been asked to share their view on the upper ceiling for tariffs

The Telecom Regulatory Authority of India (Trai) has called top executives of telecom companies for a meeting on July 21, seeking their views on setting floor prices for voice and data tariffs.

The demand to fix a floor price was raised by some telcos last month, when Trai Chairman R S Sharma met them for a discussion on the ongoing financial crisis in the industry. Reliance Jio’s entry in September 2016, with its free services and low tariffs, added to the stress of the telecom operators. The debt in the telecom industry is estimated at Rs 4.5 lakh crore, and