VoLTE tech gives us edge, not accounting: Jio

Reliance Jio Infocomm has rejected rival Bharti Airtel’s allegation that the former’s 4G network cost is low due to different accounting practices, saying the two issues are not connected and cost differential is because of the technology the latest telecom entrant has deployed.

“Accounting standards have nothing to do with the cost of carrying a voice call…Jio follows Indian accounting standards. It’s a blatant lie to say it does its accounting in any different way,” a senior Jio executive told ET.