New Delhi . The government has issued new rules with the aim of providing the best internet experience to Indian citizens. New rules have been made for rating of properties regarding digital connectivity. Along with this, the new rules will promote cooperation between telecom service providers and asset managers.
The Telecom Regulatory Authority of India (TRAI) has issued regulations titled 'Rating of Assets for Digital Connectivity Regulations, 2024'. The new rules have come into effect.
As per the provisions of the regulations, a rating platform will be set up by TRAI to manage the rating of properties for digital connectivity. Apart from this, TRAI will also setup an information technology system and its related applications.
TRAI said, “Property managers who wish to apply for rating with minimum specified size of their property will have to register on the rating platform. For registration, the property manager will have to pay attention to the fee and format prescribed by the authority.” will be.”
For the purpose of rating for digital connectivity, properties are divided into categories such as residential, government property, commercial establishment, private or public area, stadium or playground, transport corridor and frequent gathering place.
According to the telecom regulator, availability of spectrum bands remains a major issue despite the coverage of 4G (LTE) networks and the rollout of 5G networks.
Additionally, the coverage and quality of digital connectivity inside the building also needs to be addressed. These problems need to be addressed through collaboration between service providers and property managers.
The new rules have been created to encourage asset managers to provide a good digital connectivity experience to their clients.
“An asset with a better rating will attract more users, buyers and investors and this will increase the value of the asset,” the telecom regulator said.
In India, there are 927.56 million wireless internet subscribers, while 42.04 million internet subscribers have wired connectivity in their homes or offices as of June 2024. Currently, most of the population depends on wireless networks to access the Internet.
According to the regulator, any entity meeting the eligibility criteria as a Digital Connectivity Rating Agency (DCRA) will be listed by the authority through registration on the rating platform.
According to TRAI, DCRA will have to be informed in advance about any kind of fees, terms and conditions. Further, the Asset Managers' acceptance of these Terms and Conditions and Fees shall be deemed binding before commencing any rating activity.
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Image Credit: KhasKhabar.