April 18, 2012 7:42 PM

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TRAI issues recommendations on Exit Policy for telecom licences<br/>

The Telecom Regulatory Authority of India,TRAI, today issued recommendations on Exit Policy for various telecom licences. The regulator said that presently there is no need for a separate Exit Policy for all types of licences and the entry fee paid by the licensees will continue to be non-refundable as per their license terms and conditions. The present conditions in various licences with regard to their surrender shall continue to be applicable. It said the licensee can surrender its licence by giving atleast 60 days notice, 30 days in case of Internet Service Provider, ISP, licence.AIR correspondent reports that on February 2nd this year, the Supreme Court had ordered cancellation of Unified Access Services, UAS, licences given on and after 10th January 2008. In view of the judgement, comments of the stakeholders on pre-consultation paper, and its own analysis, TRAI issued a draft response paper on Exit Policy for various telecom licences on 26th March 2012.

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