Latest News - TRAI

Telecom Regulatory Authority of India (TRAI) on Monday proposed a cut of up to 60 percent in minimum auction prices for mobile phone spectrum in a response to lukewarm interest from telecom companies in two previous sales. TRAI could get a positive response from carriers such as Bharti Airtel Ltd(BRTI.NS) and Vodafone Group Plc's(VOD.L) local business.