Trai cuts mobile number portability charges by 79% to Rs4

Telecom firms had so far charged Rs79 for mobile number portability (MNP)

PTI
Updated31 Jan 2018, 08:02 PM IST
Trai’s latest move means that subscribers cannot be charged more than Rs4 for MNP requests but the recipient operators are ‘free to charge’ a lesser amount from them. Photo: Mint
Trai’s latest move means that subscribers cannot be charged more than Rs4 for MNP requests but the recipient operators are ‘free to charge’ a lesser amount from them. Photo: Mint

New Delhi: The Telecom Regulatory Authority of India (Trai) on Wednesday slashed the charges for mobile number portability (MNP) by almost 79% to a maximum of Rs4. The prescribed ceiling for MNP rates was Rs19, so far.

Trai’s latest move means that subscribers cannot be charged more than Rs4 for MNP requests but the recipient operators are “free to charge” a lesser amount from them.

Notifying the regulation to this effect, Trai said it has “decided that the per port transaction charge may be reduced as the costs of operations of Mobile Number Portability Service Providers (MNPSPs) have substantially gone down and the volume of MNP traffic has increased”.

Trai had initiated a consultation process to review these charges in mid-December and followed it up with an open house discussion on the issue on 16 January.

The authority has been of the view that considering the upsurge in the volume of porting requests with effect from 3 July 2015, and the financial results of both the mobile number portability service providers (MNPSPs), the ceiling of Rs19 is “quite high” as compared to cost and volumes of transaction involved.

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:31 Jan 2018, 08:02 PM IST
Business NewsIndustryTelecomTrai cuts mobile number portability charges by 79% to Rs4

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Tata Steel share price

    159.65
    03:55 PM | 10 OCT 2024
    0.65 (0.41%)

    Tata Power share price

    465.50
    03:58 PM | 10 OCT 2024
    4.6 (1%)

    Bharat Electronics share price

    286.85
    03:59 PM | 10 OCT 2024
    4.35 (1.54%)

    Tata Motors share price

    928.85
    03:59 PM | 10 OCT 2024
    -10.3 (-1.1%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    CG Power & Industrial Solutions share price

    842.05
    03:55 PM | 10 OCT 2024
    39.6 (4.93%)

    Page Industries share price

    44,249.50
    03:29 PM | 10 OCT 2024
    346.45 (0.79%)

    HCL Technologies share price

    1,810.00
    03:49 PM | 10 OCT 2024
    -0.1 (-0.01%)

    Tech Mahindra share price

    1,620.30
    03:52 PM | 10 OCT 2024
    -38.4 (-2.32%)
    More from 52 Week High

    Lupin share price

    2,157.60
    03:29 PM | 10 OCT 2024
    -126.6 (-5.54%)

    Home First Finance Company India share price

    1,243.60
    03:29 PM | 10 OCT 2024
    -62.65 (-4.8%)

    Ambuja Cements share price

    585.45
    03:47 PM | 10 OCT 2024
    -22.3 (-3.67%)

    Phoenix Mills share price

    1,665.80
    03:47 PM | 10 OCT 2024
    -63 (-3.64%)
    More from Top Losers

    Hitachi Energy India share price

    15,958.00
    03:59 PM | 10 OCT 2024
    1405.45 (9.66%)

    Mazagon Dock Shipbuilders share price

    4,431.10
    03:55 PM | 10 OCT 2024
    344.95 (8.44%)

    Elecon Engineering Co share price

    701.60
    03:53 PM | 10 OCT 2024
    46.15 (7.04%)

    Usha Martin share price

    366.25
    03:29 PM | 10 OCT 2024
    23.65 (6.9%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      76,695.00-760.00
      Chennai
      76,701.00-760.00
      Delhi
      76,853.00-760.00
      Kolkata
      76,705.00-760.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.75/L-0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in Industry

        HomeMarketsloanPremiumMint Shorts