TRAI rejects incumbent operators’ proposal to establish floor price for voice and data services

The Telecom Regulatory Authority of India (TRAI) has rejected the incumbent operators’ proposal to establish a floor price for voice and data services. TRAI has further stated that the prices will continue to be under forbearance. The move comes after telecom operators had recently demanded the setting of a floor price for voice and data tariffs in their meeting with the inter-ministerial group.