Jio’s Mathew Oommen says IUC concept outdated

Reliance Jio has backed the industry’s demands for financial relief and reforms through lower taxation, reduced spectrum usage charges, deferment of universal services obligation fund (USOF) levy and refund of input tax credit, on the grounds that the industry needs the government’s attention.

The No 1 carrier by subscribers, which has started levying additional charge of 6 paise per minute for interconnect usage charges (IUC), said that it chose to do so to be transparent with customers while adding that customers would be disappointed with the telecom regulator’s move to relook at the IUC regime.