Airtel slams TRAI`s decision on IUC
(WorldNews Business)

New Delhi, A day after Indian telecom regulator TRAI slashed the mobile termination charges to six paise from 14 paise, Bharti Airtel on Wednesday called it an `extremely disappointing decision` for the industry. `We are extremely disappointed with the latest regulation on the IUC (interconnection usage charges), especially at a time when the industry is facing severe financial stress. `The suggested IUC rate, which has been arrived at in a completely non-transparent...