The numbers behind Reliance Jio and Airtel’s IUC spat
7 years, 6 months ago

The numbers behind Reliance Jio and Airtel’s IUC spat

Live Mint  

In Reliance Jio Infocomm Ltd’s books, Bharti Airtel Ltd has made an excess recovery of Rs46,958 crore because the telecom regulator didn’t do away with interconnect usage charges, as it had suggested earlier. Airtel, of course, has questioned Jio’s calculations in a letter to Trai: “Even if one were to assume the claims made by R-Jio to be correct, the present value of surplus recovery will be only Rs7443 Crores and not Rs46958 Crores as claimed by Reliance Jio in its presentation.” How have the two companies arrived at numbers that are poles apart? According to Jio, it therefore doesn’t make sense to deduct Airtel’s IUC payments from receipts while calculating excess recovery. Jio’s decision to include “the amount of IUC deemed receivable for on-net incoming calls on the network” takes its estimate of excess recovery to Rs46,958 crore.

Jio Crore Calls Reliance Jio Excess Recovery Iuc  airtels  calls  excess  recovery  iuc  telecom  incoming  jio  trai  network  reliance  crore  spat  numbers

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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 …

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