India’s Department of Telecommunications has awarded a five-year licence to implement mobile number portability (MNP) solutions for the country’s southern and eastern regions to MNP Interconnection Telecom Solutions India (MITS), The Economic Times reports; MITS is a joint venture in which US-based Telcordia Technologies holds a 74% stake. The licence will cost MITS a one-time non-refundable charge of INR10 million (USD195,000), and will carry an annual fee of 1% of the company’s adjusted gross revenue, although no annual fee will apply for the first two years. The concession grants MITS permission to operate in eleven telecom circles in the south and east areas of India, two of which are metro service zones. MITS will roll out MNP solutions in the southern circles, as well as the metro zones, within six months of the date of issue of the licence. The second phase, in which the remaining circles will be covered, will be completed six months after the initial phase. The project is expected to be completed by mid-2010.
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