TRAI speeds up process of Mobile Number Portability
Further, the regulator also said a telecom operator would have to pay a penalty of not exceeding Rs 10,000 for any misinformation about the portability and each wrongful rejection of portability request.
The Telecom Regulatory Authority of India (TRAI) amended the Mobile Number Portability (MNP) regulations to ease and quicken the process of portability.
The timeline for porting a mobile number within the Intra-Licensed Service Area (Intra-LSA) or the same circle has been limited to two days and that in a different circle or an Inter-Licensed Service Area (Inter-LSA) has been kept at four days.
Further, the regulator also said a telecom operator would have to pay a penalty of not exceeding Rs 10,000 for any misinformation about the portability and each wrongful rejection of portability request.
"If any access provider or mobile number portability service provider contravenes the provisions... (it shall) be liable to pay an amount, by way of financial disincentive not exceeding Rs 10,000 for each wrongful rejection of the request for porting," the TRAI circular said.
TRAI also shortened the validity period of Unique Porting Code (UPC) to four days from the previous period of 15 days for all Licensed Service Area (LSA) except the LSAs of Jammu and Kashmir, Assam and North-East for which the validity of UPC remains unchanged.
Watch Zee Business Tweet Video here:
#NewsImpact | आज किन ख़बरों के चलते #IOC #MothersonSumi #Cement शेयर रहे सकते हैं फोकस में, पूजा त्रिपाठी से जानिए।@AnilSinghviZEE @poojat_0211 @deepaliranaa #stockstowatch #stocksinnews pic.twitter.com/1lJJGv2n2Q
— Zee Business (@ZeeBusiness) December 14, 2018
For the cases of corporate porting, the present limit of 50 numbers in single authorisation letter has been enhanced to 100 numbers per authorisation letter, the circular said.
"Post implementation of this regulation (amendment), appropriate Quality of Service (QoS) parameters will be devised by the authority to monitor the role of MNPSPs (Mobile Number Portability Service Providers) and Access Providers in the new scenario," it said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
08:36 AM IST