April 19th, 2012 12:02 PM 16 COMMENTS

TRAI Says, No Separate Exit Policy – No Refunds For Telcos Wanting To Exit

In a major setback for mobile service operators, especially those whose mobile service licenses has been canceled by the Supreme Court under 2G verdict and who want to shut operations in India like Etisalat DB, STel and Loop Telecom ect., the Telecom Regulatory Authority of India (TRAI) said there was no need for a separate exit policy. In its recommendations to the Department of Telecom (DoT), TRAI said "Presentiy there... Read More

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