Trai proposes over 50% cut in entry fee for licenses, rejects telcos call to scrap BGs
The Telecom Regulatory Authority of India (TRAI) has proposed to reduce entry fees for various licenses by over 50% in order to encourage new players to enter the sector. However, TRAI has rejected calls from telecom operators to scrap bank guarantees (BGs) for these licenses, stating that they serve as a mechanism to protect against market uncertainties.
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