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

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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 of interconnection usage charges. “At a time when the world is moving towards IP-based technologies, cost of voice has come down to a fraction of a paisa and the customers should enjoy this advantage,” Jio said. Global ratings agency Fitch said the cut in IUC will lead to transfer of up to USD 600 million per year to newcomer Reliance Jio from the incumbent operators.

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