Telecom regulator TRAI has fixed midnight of November 29 as deadline for subscribers of Loop Mobile to shift to other networks while retaining their numbers by using the MNP facility. Also Read - Airtel 5G Mumbai trials show download speeds of 1.2Gbps, upload at 850Mbps
Loop Mobile’s permit in Mumbai is expiring on November 29 as it did not purchase spectrum in February auction which was mandatory for continuing its operations. The Telecom Regulatory Authority of India yesterday directed Mobile Number Portability service provider “not to process the request for porting in respect of mobile telephone numbers belonging to Loop Mobile…as donor operator after 23:59:59 hours of 29th November”. Also Read - Jio maintains lead in 4G download speed, Vi in upload in May: TRAI
It has also agreed to the demand of Loop Mobile of providing with bulk MNP codes to transfer its over 10 lakh customer base in Delhi before its licence expires on November 29. TRAI has allowed Loop Mobile to use an additional service provider code ‘F’ in addition to its existing code ‘L’ to enable it to generate more than 5 lakh codes at a time. Telecom major Bharti Airtel this week called off the deal to acquire business and assets of Mumbai-based Loop Mobile including subscribers for about Rs 700 crore, pending clearances by the Department of Telecom. Also Read - Let our firms take part in 5G trials, China tells India
DoT estimates that Loop Mobile and its sister concern Loop Telecom owe about Rs 808 crore in spectrum and other charges to the government.