New Delhi: Telecom regulator Trai is likely to file caveats soon in many courts to check the incumbent operators from getting stay against its IUC regulation, which has cut the interconnection charges to 6 paise a minute. “We may file caveats in courts next week to prevent any attempt to subvert the roll out of the new regulation from October 1, 2017, sources said.
Trai secretary SK Gupta said that is the right of aggreived parties to take legal recourse. “Every stakeholder has the opportunity to approach courts. But whatever forum they approach, we will also put up our views,” he said. The reduction in IUC charge has dealt a body blow to Airtel, Vodafone and Idea Cellular. Eelcos have been preparing to legally challenge the IUC regulation, which reduced the interconnect fee by 58 per cent. The charges, which constitute major part of the voice revenues, now threaten to put more pressure on their top and bottom lines which have already been hit by the intense competition.