Wednesday 20 December 2017

TRAI wants closing telcos to return unused balance

The telecom regulator TRAI is finding ways to enable telecom operators to return unused balance of prepaid customers if they are closing down operations.


According to TRAI Chairman R S Sharma, if the mechanism is approved, telcoscan credit the unused amount to the Aadhaar-linked bank accounts of their consumers in a Direct Benefit Transfer (DBT) type model.

He added: "We are very clear in our mind that we will find ways to ensure that customers get back their money. We will evolve a procedure and mechanism for doing that, and specific instructions will be issued in this regard quickly. Such a mechanism is important as the unused amount is not "small" and involves hundreds of crores".

The Chairman called it a “consumer issue", and added TRAI will make all efforts to ensure that consumers in such situations get the refund.

He said: "We will find a way to ensure that customers... if there is a balance remaining with operators... that such balance comes back to the pre-paid consumers. Maybe we will try out something like DBT...It certainly can be done leveraging Aadhaar-linked bank accounts."

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