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Vodafone India seeks stay of regulator's decision to cut interconnect usage charge

( October 16, 2017, 06:07 GMT | Insight) -- Vodafone India has sought a stay of the decision by the Telecom Regulatory Authority of India to cut the interconnect usage charge, saying the action was unconstitutional and beyond Trai's purview, the Economic Times of India reports.Vodafone India has sought a stay of the decision by the Telecom Regulatory Authority of India to cut the interconnect usage charge, saying the action was unconstitutional and beyond Trai's purview, the Economic Times of India reports. Vodafone filed the petition at the Bombay High Court, adding that another petition challenging a previous IUC reduction was still pending in courts. Trai had decided in September to cut the IUC from 14 paise to 6 paise a minute, which would lead to a major loss in net revenue for Vodafone and fellow incumbent telcos Bharti Airtel and Idea Cellular.  ...

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