TRAI RECOMMEND 3YEAR LOCK-IN FOR NEW OPERTAOR
Amidst the controversial sale of stake by two new telecom operators, Swan and Unitech at a huge premium,TRAI has now recommended a 3 year lock-in period for stake sale by companies,which have recently got licences, in a bid to prevent them from making windfall gains overnight. Last year, DoT had suggested that existing telecom licensing norms be amended and a 3 to 5 year lock-in be imposed on the sale... Read More