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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
Reliance Jio, the Mukesh Ambani led telecom operator who is responsible for all the ongoing disruption in the Indian telecom sector has finally responded to Trai’s recent decision of reduction in IUC.
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Reliance Jio says that it is committed to implementing the most efficient telecommunications network in India and passing on the benefits of technology to Indian customers. “Jio offers free voice services to all its customers backed by a superior technology and has helped make India the world’s largest mobile data consuming country within one year of commencement of services,” said the company in a press statement.
We all know that Reliance Jio wanted Trai to implement the Bill & Keep regime where operators won’t charge Interconnect Usage Charges (IUC) at all. However, Trai stated that the BAK regime will be effective from January 1, 2020. For now, operators have to pay 6 paise per minute as IUC.
“Implementation of Bill & Keep regime will help in making services more affordable for Indian customers. It should have been implemented in 2014 as envisaged in the 2011 Report submitted by TRAI to the Hon’ble Supreme Court and will be six years too late,” said Reliance Jio in a press statement.
“Jio has always offered free voice services to its customers. 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. We deny any benefits to Jio. 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,” it added.
