Kumar Mangalam Birla calls for transparency in IUC regime
7 years, 7 months ago

Kumar Mangalam Birla calls for transparency in IUC regime

Live Mint  

Kumar Mangalam Birla, chairman of the Aditya Birla Group, has written to Telecom Regulatory Authority of India chairman R.S. The change, telecom operators such as Bharti Airtel Ltd have already argued, favours newcomer Reliance Jio Infocomm Ltd and hurts incumbent operators such as itself, Vodafone India and Idea Cellular. Idea Cellular alone claims it could lose Rs2,000 crore a year because of the difference between the actual termination charge and the 14 paise per minute IUC rate now. In an 18 July presentation on IUC, the Mukesh Ambani-owned Reliance Jio pointed out that “prominent countries such as the US, Canada, Singapore, Hong Kong, Brazil, Mexico have moved towards BAK.” In its presentation, Reliance Jio notes that “.When the whole world is moving towards Nil IUC, India has been moving in the other direction—causing financial distress for smaller operators while benefitting incumbent operators”. It was only a month back that Sunil Mittal, chairman of India’s largest telecom firm Bharti Airtel Ltd, wrote to Sharma, saying he is “at a loss as to why Trai should be considering bill and keep model” and break away from the global well-established practice of IUC.

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History of this topic

Relief for Vodafone Idea, Airtel as Trai defers scrapping IUC levy
5 years, 3 months ago

Relief for Vodafone Idea, Airtel as Trai defers scrapping IUC levy

Live Mint  

New Delhi: The telecom regulator on Tuesday deferred by a year a plan to scrap a levy charged by operators for handling incoming calls from rival networks, offering relief to older telcos that generate a part of their revenue from interconnect usage charges. The regulator has changed its stance about two years after it decided to scrap the levy from …

All major telcos, except Jio, want Trai to delay scrapping of IUC
5 years, 5 months ago

All major telcos, except Jio, want Trai to delay scrapping of IUC

Live Mint  

More cracks have emerged in the already divided telecom sector with Reliance Jio Infocomm Ltd in favour of scrapping interconnect usage charge from next year, while Bharti Airtel, Vodafone Idea and Bharat Sanchar Nigam Ltd, or BSNL, opposing the move. Airtel and Vodafone Idea, which are currently battling shrinking revenue, thanks to Jio’s cut-throat tariffs, have welcomed Trai’s regulatory rethink. …

Reliance Jio rings in the new, setting the tone for others
6 years, 5 months ago

Reliance Jio rings in the new, setting the tone for others

Live Mint  

New Delhi: Like technology, leadership in telecom is in a state of flux. Both India’s original telecom czar Sunil Mittal, the man who ushered in the telecom revolution in the country, and the new market pace setter and arch rival Mukesh Ambani were present, but it was the latter who stole the limelight. Ambani, India’s richest man, has used profits …

Trai IUC cut drives Reliance Industries’ Q3 profit growth
7 years, 2 months ago

Trai IUC cut drives Reliance Industries’ Q3 profit growth

Live Mint  

Telecom Regulatory Authority of India’s 57% cut in interconnection usage charges was always expected to benefit Reliance Jio Infocomm Ltd, which ran a huge bill on this account. So it isn’t entirely surprising that about 90% of the increase in Reliance Jio’s operating profit is on account of savings accruing from the IUC cut. But such is the extent of …

In veiled reference to Jio, Anil Ambani says telecom sector heading from choice-driven market to monopoly
7 years, 6 months ago

In veiled reference to Jio, Anil Ambani says telecom sector heading from choice-driven market to monopoly

India TV News  

With the entry of Reliance Jio, headed by brother Mukesh Ambani, leading to spiraling losses for Reliance Communications, Anil Ambani has warned that the wave of consolidation in the telecom sector was going to lead to fewer options for consumers. Addressing shareholders at RCom’s annual general meeting on Tuesday, Ambani said that the various mergers in the works may put …

Reliance Jio says no benefit from drop in IUC, all benefits passed on to customer via free voice call
7 years, 6 months ago

Reliance Jio says no benefit from drop in IUC, all benefits passed on to customer via free voice call

Firstpost  

Jio said that it is “appalling” that incumbent operators have made baseless allegations against the process for determination of interconnection usage charges and regulator Trai. In a statement, a Jio spokesperson said: “There is no question of any advantage from the new IUC regulation to Jio as it has already passed on all the benefits to customers. “At a time …

Lower IUC seen as ending incumbency advantage of Airtel, Vodafone, Idea
7 years, 6 months ago

Lower IUC seen as ending incumbency advantage of Airtel, Vodafone, Idea

Live Mint  

New Delhi: A day after the telecom regulator decided to reduce and eventually remove call termination charges, stock brokerages highlighted concerns over the regulatory environment in the sector and the loss of incumbency advantage for established telecom firms. The decision is a setback for incumbent telcos such as Bharti Airtel Ltd, Vodafone India Ltd and Idea Cellular Ltd and a …

Reliance Jio says it doesn’t stand to gain from IUC cut
7 years, 6 months ago

Reliance Jio says it doesn’t stand to gain from IUC cut

Live Mint  

New Delhi: Reliance Jio Infocomm Ltd on Wednesday denied charges that it stood to gain from the cut in interconnection usage charges, saying cost of voice calls had slid to a fraction of a paisa and customers should enjoy the advantage. Reliance Jio said that it is “appalling” that the incumbent telecom operators have made baseless allegations against the process …

Reliance Jio says no benefit from drop in IUC, all benefits passed on to customer via free voice call
7 years, 6 months ago

Reliance Jio says no benefit from drop in IUC, all benefits passed on to customer via free voice call

Firstpost  

Reliance Jio said it is committed to implementing the most efficient telecommunications network in India and passing on the benefits of technology to Indian customers New Delhi: Reliance Jio on Wednesday said it is committed to implementing the most efficient telecommunications network in India and passing on the benefits of technology to Indian customers, adding that implementation of the Bill …

IUC cut: An aggressive Reliance Jio a big worry for Airtel, Idea
7 years, 6 months ago

IUC cut: An aggressive Reliance Jio a big worry for Airtel, Idea

Live Mint  

Mumbai: The Telecom Regulatory Authority of India has cut interconnection usage charges levied by telecom firms by 57%, adding that termination rates will be abolished in early 2020. This is a big win for Reliance Jio Infocomm Ltd. Analysts at Kotak Institutional Equities estimate Jio’s net spend on account of IUC to be in the region of Rs7,000-7,500 crore annually. …

Airtel mispresenting facts to hide ill-gotten profits, alleges Reliance Jio
7 years, 6 months ago

Airtel mispresenting facts to hide ill-gotten profits, alleges Reliance Jio

India TV News  

Reliance Jio today alleged that Airtel misrepresented facts purposefully to create a smoke-screen and hide its ill-gotten profits to support its false claim of loss from call connection charges. Last week, Bharti Airtel had accused Jio of "misleading" the Telecom Regulatory Authority of India and public over the interconnect usage charge and claimed it suffered a loss of Rs 6,800 …

Reliance Jio tells Trai Airtel creating smokescreen to hide its ‘ill-gotten’ profits
7 years, 6 months ago

Reliance Jio tells Trai Airtel creating smokescreen to hide its ‘ill-gotten’ profits

Live Mint  

New Delhi: In the continuing war of words between Bharti Airtel Ltd and Reliance Jio Infocomm Ltd, the Mukesh Ambani-promoted telecom company has written to Trai saying Airtel is creating a “smokescreen to hide its ill-gotten profits and to support its false pretence of loss under the existing IUC regime”. Reliance Jio was responding to an Airtel letter to the …

If Trai abolishes IUC, regulatory risk for telcos will take a whole new meaning
7 years, 6 months ago

If Trai abolishes IUC, regulatory risk for telcos will take a whole new meaning

Live Mint  

Bharti Airtel Ltd and Idea Cellular Ltd’s shares have fallen around 7% from their highs in the past week. These reports have found fresh wings after the Delhi high court dismissed Vodafone India Ltd’s petition demanding that the regulator disclose its methodology for calculating IUC. Earlier reports had suggested Trai may cut IUC by half, which was expected to impact …

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