TRAI favours national broadband network

The Telecom Regulatory Authority of India (TRAI) on Wednesday recommended setting up a ‘National Broadband Network’ at a cost of about Rs.60,000 crore to achieve 16-crore broadband connections by 2014.

Issuing its recommendations on ‘National Broadband Plan’, TRAI said the project would be financed by universal service obligation (USO) fund and the loan given by the government.