Jio deplores Trai for IUC review, says move to help incumbents

Kolkata: Reliance Jio Infocomm has deplored the telecom regulator’s discussion paper seeking views on deferring implementation of zero-IUC regime, calling it “bad in law and anti-poor,” created purely to incentivise incumbent operators, Bharti Airtel and Vodafone Idea, and keeping India technologically stagnant and backward.

In its submissions to the Telecom Regulatory Authority of India (Trai) on Friday, seen by ET, the Mukesh Ambani-owned telco said any deferment of the implementation of BAK (bill and keep) or zero termination charge regime, “would adversely impact the credibility of Trai and the government, besides reducing investor confidence in the telecom sector and also discouraging foreign and domestic investment”.