Telecom Regulatory Authority of India. Image: TRAI
The TRAI arrived at the decision after taking into account the comments received in the business stakeholders.
A statement issued by the TRAI said it might come into effect from the date of official Gazette notification.
Under the MNP regime, a subscriber can retain the existing mobile telephone number while switching from 1 service provider to another or from one technology to another technology of the identical service provider. It enables subscribers to keep their mobile number not only inside the same Licensed Service Area (LSA) but additionally pan India in almost any LSA.
After observing an important decrease in the per vent transaction cost, the sectoral regulator decided to slash the purchase price.
“After reviewing the financial results of both the MNP Service Providers and the upsurge in the quantity of porting requests in the past two years, the Authority opined that the current charge of Rs 19 is quite large as compared to cost and volumes of trade involved,” the statement said.
“In many cases, the operators were bearing this cost on behalf of their customers approaching them to the port-in. Hence, it will be beneficial for both operators and customers since the cost of porting will be greatl” decreased,” said Rajan S. Mathews, Director General, Cellular Operators’ Association of India.