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 for determination of IUC and regulator Trai. Reliance Jio, however, charged the incumbent operators of having a history of opposing all the IUC regulations over the last eight years, but not being successful in “thwarting” the passage of benefits to customers. “References to financial stress in the industry or the need for IUC to promote rural coverage again shows the attitude of the incumbent operators wherein IUC is being treated as a subsidy that the Indian customers must pay to sustain these operators financially,” the Reliance Jio spokesperson said. “It should have been implemented in 2014 as envisaged in the 2011 report submitted by Trai to the Supreme Court, and will be six years too late,” the Reliance Jio statement said.

India Jio Customers Reliance Reliance Jio Operators Financial Stress Iuc  stand  jio  gain  doesnt  customers  operators  iuc  financial  cut  benefits  india  cost  reliance  incumbent

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 …

Reliance Jio writes to telecom minister; says telcos have sufficient capacity to pay dues after SC verdict on AGR
5 years, 4 months ago

Reliance Jio writes to telecom minister; says telcos have sufficient capacity to pay dues after SC verdict on AGR

Firstpost  

New Delhi: Billionaire Mukesh Ambani’s Reliance Jio on Thursday strongly opposed any bailout to telecom companies at taxpayer’s expense, and asserted that telcos should be mandated to deposit their dues within the court-stipulated timeline of three months, as they have the capacity to comfortably clear their liabilities. In a letter to Telecom Minister Ravi Shankar Prasad on Thursday, Jio argued …

SC verdict on AGR: COAI warns of telecoms sector catastrophe; says Airtel, Vodafone Idea will face 'unprecedented crisis'
5 years, 4 months ago

SC verdict on AGR: COAI warns of telecoms sector catastrophe; says Airtel, Vodafone Idea will face 'unprecedented crisis'

Firstpost  

India’s telecoms sector and leading players Bharti Airtel and Vodafone Idea will face an “unprecedented crisis” if the government refuses to relax its demand for $13 billion in outstanding dues, a lobby group says New Delhi: India’s telecoms sector and leading players Bharti Airtel and Vodafone Idea will face an “unprecedented crisis” if the government refuses to relax its demand …

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. …

TRAI's review of IUC will harm subscribers and reward defaulters says Reliance Jio
5 years, 5 months ago

TRAI's review of IUC will harm subscribers and reward defaulters says Reliance Jio

Firstpost  

Jio has also pointed to gaps in the 4G accessibility data cited in the TRAI’s discussion paper. Terming TRAI’s review of call connect charges “retrograde”, Reliance Jio has said the regulator’s consultation paper is neither warranted nor sustainable and that retention of such charges will harm subscribers and punish efficient operators. Jio accused other private operators of not moving to …

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 …

With Reliance Jio in no mood to relent, losses to mount for Indian telcos
6 years, 8 months ago

With Reliance Jio in no mood to relent, losses to mount for Indian telcos

Live Mint  

The June quarter was fairly eventful for Indian telecom companies, at least as far as disruptive announcements by Reliance Jio Infocomm Ltd go. In the March quarter, revenues of Bharti Airtel Ltd and Idea Cellular Ltd’s India wireless operations had declined sequentially 3.7% and 5.7%, respectively. Idea, for instance, is estimated to report losses of ₹ 1,331 crore, according to …

Telecom firms free to match Reliance Jio’s cheap tariffs, rules Trai
7 years, 1 month ago

Telecom firms free to match Reliance Jio’s cheap tariffs, rules Trai

Live Mint  

New Delhi: Bharti Airtel Ltd, Idea Cellular Ltd and Vodafone India Ltd are free to match tariffs offered by newcomer Reliance Jio Infocomm Ltd in circles where they have a dominant position and such actions will not be seen as predatory, two officials at the Telecom Regulatory Authority of India said. Incumbent operators also say that the change in Trai’s …

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 …

RIL said to plan Reliance Jio IPO after $31 billion spending spree
7 years, 3 months ago

RIL said to plan Reliance Jio IPO after $31 billion spending spree

Live Mint  

New Delhi/Mumbai: Reliance Industries Ltd chairman Mukesh Ambani is weighing an initial public offering of mobile operator Reliance Jio Infocomm Ltd, people with knowledge of the matter said, after a $31 billion investment spree that roiled the country’s telecom market. Reliance Industries Ltd, the conglomerate backed by tycoon Mukesh Ambani, is holding internal discussions about preparing to list Reliance Jio …

Airtel, Vodafone cry foul over TRAI slashing call connect charges, Jio says consumers stand to benefit
7 years, 6 months ago

Airtel, Vodafone cry foul over TRAI slashing call connect charges, Jio says consumers stand to benefit

Firstpost  

Older telecom firms Bharti Airtel and Vodafone today cried foul over the regulator slashing call connect charges, saying it will worsen the financial health of telcos, a charge that newcomer Reliance Jio rubbished on grounds that customers must benefit from falling costs. Jio said that it is “appalling” that incumbent operators have made baseless allegations against the process for determination …

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 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. …

Trai lowers IUC, Reliance Jio prevails over Airtel, Idea
7 years, 6 months ago

Trai lowers IUC, Reliance Jio prevails over Airtel, Idea

Live Mint  

New Delhi: The Telecom Regulatory Authority of India on Tuesday more than halved the so-called interconnect usage charge to six paise with effect from 1 October and abolished it all together for all local calls starting 1 January 2020, dealing a big blow to older telecom firms, such as Bharti Airtel Ltd, Vodafone India and Idea Cellular ltd, and a …

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 …

Reliance Jio distorts facts to create policy bias: Airtel
7 years, 6 months ago

Reliance Jio distorts facts to create policy bias: Airtel

Live Mint  

New Delhi: Bharti Airtel Ltd on Wednesday wrote to the country’s telecom regulator saying that Mukesh Ambani-promoted Reliance Jio Infocomm Ltd was continuously trying to distort facts at various platforms to “show other operators in bad light and create policy bias in its favour”. Reliance Jio said in July that India’s top three telecom firms earned Rs1.04 trillion in 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 …

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 …

Reliance Jio’s path to the next 100 million customers won’t be easy
8 years, 1 month ago

Reliance Jio’s path to the next 100 million customers won’t be easy

Live Mint  

Singapore: Well done, Mukesh Ambani. That growth, bruising rivals and triggering a wave of industry consolidation, was explosive but predictable—Ambani’s Reliance Industries Ltd. was offering Reliance Jio for free. The existing median revenue per user of leading Indian telcos such as Bharti Airtel Ltd. is about $4.5 a month, according to Credit Suisse Group AG, very close to the introductory …

Reliance Jio free offer violates Trai tariff orders, Vodafone tells HC
8 years, 1 month ago

Reliance Jio free offer violates Trai tariff orders, Vodafone tells HC

Live Mint  

New Delhi: Vodafone India Ltd on Monday moved the Delhi high court against the Telecom Regulatory Authority of India, accusing the regulator of failing to act against Reliance Jio Infocomm Ltd’s free services. According to Vodafone, Trai has previously ruled that mobile tariffs cannot be lower than interconnect user charges, and since Jio is offering services for free, it is …

Are Reliance Jio free offers predatory? Trai asks attorney general for opinion
8 years, 2 months ago

Are Reliance Jio free offers predatory? Trai asks attorney general for opinion

Live Mint  

New Delhi: The Telecom Regulatory Authority of India will seek the opinion of the country’s top law officer to decide whether free services provided by Reliance Jio Infocomm Ltd are predatory in nature, a top official at the regulator said. Bharti Airtel Ltd, India’s largest mobile phone operator, had in December approached the Telecom Dispute and Settlement Appellate Tribunal, accusing …

Congestion due to your anti-competitiveness, Reliance Jio counters Airtel’s claims
8 years, 6 months ago

Congestion due to your anti-competitiveness, Reliance Jio counters Airtel’s claims

India TV News  

Soon after India’s largest telecom operator Airtel blamed Reliance for connectivity issues and call failures, the latter refuted the allegations saying that the congestion is due to the anti-competitive strategy of the incumbent operators. Denying any sort of glitch at its end, RJIL said that it has been been consistently following-up with Airtel and the other incumbent operators over the …

Jio vs others: TRAI to take ‘swift action’ on call failures, seeks details from telcos
8 years, 6 months ago

Jio vs others: TRAI to take ‘swift action’ on call failures, seeks details from telcos

India TV News  

Taking a stern view of the ongoing connectivity dispute between existing operators and Reliance Jio, Telecom Regulatory Authority of India chairman R S Sharma on Monday warned of swift action for call failures on Reliance Jio network, asserting that breach of quality of services to consumers is taken “very seriously”. In his first reaction on the ongoing tussle between Reliance …

Jio vs others: TRAI summons Airtel, Vodafone and Idea after DoT says 'can't help'
8 years, 6 months ago

Jio vs others: TRAI summons Airtel, Vodafone and Idea after DoT says 'can't help'

India TV News  

Amid the ongoing feud between incumbent operators and Reliance Jio over interconnection, the Telecom Regulatory Authority of India has summoned executives of Bharti Airtel, Idea, Vodafone and Relaince Jio on Friday to discuss the issue, the Economic Times reported today. The Cellular Operators Association of India, which represents GSM telcos including Airtel, Vodafone, Idea as well as Jio, on Thursday …

Reliance Jio vs the rest: Trai, PMO dragged into the fight
8 years, 7 months ago

Reliance Jio vs the rest: Trai, PMO dragged into the fight

Live Mint  

New Delhi: Reliance Jio on Monday threatened to take legal recourse against telecom lobby group Cellular Operators Association of India dragging an already ugly battle between the two to a new low. Cloud over Jio’s commercial launch On 8 August, COAI wrote a letter to the department of telecom claiming that Reliance Jio is providing “full blown and full-fledged services …

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