Trai’s move will follow a reference from the Telecom Commission which had agreed with an inter-ministerial group looking at the financial stress in the sector. NEW DELHI: The telecom regulator is readying to issue a consultation paper by the end of this month on easing rules governing spectrum holding caps, which, if relaxed, may ease the process of mergers and acquisitions. “Yes, we will do it quickly. We have the reference from the telecom department,” Telecom Regulatory Authority of India chairman RS Sharma said on Monday, when asked whether the paper would be issued by the end of October. Trai’s move will follow a reference from the Telecom Commission , the highest decision-making body of the communications ministry, which had agreed with an inter-ministerial group looking at the financial stress in the sector that any relaxation in spectrum that companies can hold in a band be done by the regulator after consultation with carriers. According to the prevalent rule...