Consultation Paper on Rationalization of Entry Fee and Bank Guarantees for service authorization under Unified License (Virtual Network Operators) regime

The Telecom Regulatory Authority of India on 26th July 2022 has released a Consultation Paper on “Rationalization of Entry Fee and Bank Guarantees”. As per the current Unified License (Virtual Network Operators) regime, there is a provision of different Entry Fees and two separate bank guarantees i.e., Financial Bank Guarantee and Performance Bank Guarantee for each service authorization. The consultation paper recommends that

1. Entry Fee should be reduced and made uniform across all authorizations
2. Both bank guarantees should be merged and amount of a single Bank guarantee may be prescribed for each authorization.

The comments may be sent, preferably in electronic form at fa@trai.gov.in. by 23 August 2022.