At present, there is no separate law governing the towers either on technical or on financial aspects even though almost all the operators have now stand-alone tower business.
The move comes against the backdrop of many tower businesses selling stakes or planning to raise money through IPOs.
To start with, TRAI has come up with a pre-consultation paper seeking comments on various issues of towers. It is contemplating to come up with a consultation paper on design, structure and erection of mobile towers.
It is also looking at the impact of possible radiation out of such towers and right of way in erecting such structures.
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