Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks

The telecom industry has been caught in a bit of tussle right now, and as is the case with any business, the effects of the industry are making their way to the consumers as well. Here, we are talking about some of the reeling changes that the telecom industry is seeing in the latest turn of events. The first of them happens to be the tariff hike which will begin in a few days from now. However, the hype about the tariff hike in the industry has slightly distracted the subscribers from another changed which was brought forth by the Mukesh Ambani led telecom operator, Reliance Jio. The move of introducing IUC talk time vouchers and the charges of 6 paise per minute was met with a lot of criticism and a lot of memes as well. As it’s obvious, the subscribers did not like this veiled price hike. But, now the question looms in the head of the consumers, how long will they have to keep up with paying the 6 paise per minute charge. To know that, we will have to roll back a little.

IUC Cost Has Actually Come Down Behind the Scene
What the subscribers might be shocked to know is that while they are being started to charge 6 paise per minute from the biggest telecom operator in India, over the years, the IUC cost has actually come down. Firstly, it is crucial to note that the Interconnect Usage Charges (IUC) is something that the telecom operator has to pay to another operator for carrying its calls. For example, if a subscriber were to call from Jio to Vodafone, then Reliance Jio will have to pay the set IUC cost to Vodafone for carrying the call which originated from Jio. Previously this cost was set at 14 paise per minute, but two years back, Trai brought down the cost to 6 paise per minute.