New telecom bill may further dilute regulator's power, fear ex-officials

"Trai's regulatory powers are already far less than those of Ofcom and other global counterparts in the US, Europe or even in Pakistan, and if the draft telecom bill leads to a further curtailment of its powers, it would be a retrograde step as a toothless telecom regulator would not be in the interest of consumers or the industry and would also impact investor confidence in future," Sudhir Gupta, former Trai secretary, told ET.

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