August 28th, 2016 11:39 AM 10 COMMENTS

Jio’s payout towards interconnect charges to reach Rs 2,400 crore in first commercial year: Report

Bank of America-Merrill Lynch, in a note, has estimated that the Mukesh Ambani-led telco’s annual payout towards interconnect charges could reach around Rs 2,400 crore or $360 million at 14 paise/minute with 30 million customer in its first year of commercial operation. These 30 million customers will result in average monthly minutes of usage (MoU) of 400-600 band, the report said. The US brokerage said that Jio’s IC payments would... Read More

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