It also asked for the porting codes to be kept valid till 45 days, a month longer than the norm of 15 days. Trai Tuesday ordered the same.Aircel’s letter and the regulator’s directive indicates that the beleaguered carrier, which had over 80 million subscribers in December, has run out of options to bring its operations out of troubled waters. It is dealing with a large debt pile of Rs 15,500 crore, a severe cash crunch as promoters have stopped funding and limited avenue of generating money to pay creditors as its subscriber base falls. All carriers and MNP providers have been asked not to reject porting requests of mobile numbers active for less than three months on Aircel’s network. "Furnish monthly subscriber-wise information of unspent balance amount for all the ported out prepaid subscribers, from February 27 till April 15,” Trai said in its directions to Aircel.

Source: Economic Times February 27, 2018 14:37 UTC