New Delhi: In a significant move for the telecom industry, the Digital Communications Commission (DCC) has approved the Telecom Regulatory Authority of India’s (TRAI) recommendations for a new framework on license authorisation for captive licenses. This decision is expected to open doors for new players in the sector, redefining how the telecom landscape operates.
The DCC has also mandated the migration of existing telecom service providers to the new service authorisation regime. This shift is seen as a step toward streamlining the licensing process and ensuring a more unified approach to telecom services in India.
What the New Framework Means
The approved framework introduces a clear set of rules for issuing captive licenses, which are typically used for private networks serving specific industries or enterprises. With this approval, new telecom companies will find it easier to enter the market and set up their operations.
Mandatory migration to the new service authorisation regime means that existing operators must align with the updated rules, ensuring a level playing field for all players in the sector.
This is a developing story
The Digital Communications Commission (DCC) has approved TRAI’s framework for captive licenses, enabling new telecom players to enter the market. With mandatory migration to a unified service authorisation regime, the telecom sector is set for a significant transformation, focusing on efficiency and transparency. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
