"So, we said give us two quarters (of time) where we actually implement and try this and see what it means to run it. This has not been tried anywhere in the world. This is cutting edge. We have not said that we will not do it or we should not do it... and it probably makes sense to do it," he added.
Mathews added: "TRAI said they will consider it. They have not come back yet."
Another two quarters of time would mean till March 2018.
Earlier, the Telecom Regulatory Authority of India (TRAI) said the amended regulations of "Quality of Services" would be effective from October 1.
The Indian telecom watchdog in August announced stricter rules over call drops and said telecom operators who don't meet the norms can be fined up to Rs 5 lakh.
"Graded financial disincentives in case service providers fail to meet the DCR (drop all rates) benchmarks have been introduced, in which amount payable may depend upon the extent of deviation from the benchmarks," the Telecom Regulatory Authority of India (TRAI) said.
It said that if the benchmark is not met, the service provider may be fined up to Rs 5 lakh against one parameter "depending upon the extent of deviation of performance from the benchmark".
"They told us we have some codes, which you can attach to these cell towers. That has to get integrated into our back-end software. Cells at the edge of the network will always have call drops. So there are codes now that TRAI has given to the operators so that it helps balance out these types of issues."
"We will try our best to see how we can comply because it is new methodology," he added.
Regarding the industry's plans of investing in supplementary technologies, Mathews said the industry is very concerned about call drops.
"In a place like Delhi, getting cell towers is a challenge. In Delhi, 400 cell towers are shut down. We are trying work with the MCD, NDMC regarding towers. Not one of our member companies have refused to put up a cell tower."
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)