NEW DELHI: Telecom regulator TRAI today slashed mobile number portability rates by almost 79 per cent to a maximum of Rs 4, citing lower cost and higher volumes for such transactions.
The prescribed ceiling for mobile number portability rates was Rs 19, so far.
The Telecom Regulatory Authority of India (TRAI) in a statement directed the reduction in “per port transaction charge of Rs 19 to Rs 4 for each successful porting”.
“…The ceiling of charges leviable from subscriber stands automatically reduced to Rs 4. However, recipient operators are free to charge a lesser amount from the subscriber for Mobile Number Portability,” it said.
Put simply, the Mobile Number Portability or MNP allows telecom subscribers to retain their existing mobile number, even when they shift to another operator. (AGENCIES)