‘Breach of trust’: Jio on COAI letter to govt on telecom sector

Reliance Jio Infocomm Limited (RJIL) on Wednesday criticised telecom industry body COAI for writing a letter to the government highlighting financial stress in the telecom sector without waiting to incorporate Jio’s comments and acting in the sole interests of two competing players Bharti Airtel and Vodafone Idea.

Taking strong exception to the Cellular Operators Association of India’s (COAI) Tuesday night communication to the government without waiting for its comments, Jio said in its letter to the association’s director general Rajan Mathews that an unlikely event of failure of two operators “will not have an impact on the sector dynamics with existence of vibrant competition including presence of the PSUs and there is no restriction on entry by new operators.”