New Delhi, January 15: Telecom regulator TRAI is mulling to bring the tower business of telecom companies under the ambit of regulations so that the Department of Telecom can consider a separate policy for the segment at a later stage.
At present, there is no separate law governing the towers either on technical or on financial aspects even though almost all the operators have now stand-alone tower business.
The regulator’s move comes in the backdrop of many tower businesses selling stakes or planning to raise money through IPOs. Yesterday only, telecom infrastructure major GTL bought tower business of Aircel for Rs 8,400 crore.
To start with, TRAI has come up with a pre-consultation paper seeking comments on various issues of towers. It is contemplating to come up with a consultation paper on design, structure and erection of mobile towers.
–Agencies