February 3, 2007

TRAI cuts mobile inter-network charges

MUMBAI - India's telecoms regulator said it would cut by up to 29 per cent the charges paid by mobile service operators to allow their customers to make calls to different carrier's networks, boosting shares of mobile firms.

The new port charges are about 23 percent to 29 percent lower than the present rates and will be effective from Apr. 1, the Telecom Regulatory Authority of India said on its Web site.

The cut will reduce operational costs for firms in the world's fastest-growing mobile market.


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