Reliance Jio: Is the govt finally taking note of impact of free services? - News Summed Up

Reliance Jio: Is the govt finally taking note of impact of free services?


New Delhi: High-level meetings, centred on Reliance Jio Infocomm Ltd that preceded the telecom regulator’s Thursday order halting a complimentary offer from the Mukesh Ambani-run telco, seem to suggest that the government has taken note of the impact of free services on the industry and its own revenue. Licence fee collection in the March quarter is expected to decline 28% to Rs2,300 crore from Rs3,165.8 crore in the December quarter, these people said, asking not to be identified. ALSO READ | Reliance Jio complementary offer not in sync with regulations, says TraiAn email sent to Reliance Jio on Thursday remained unanswered till press time. Telecom companies have repeatedly complained against Jio’s free offers since its launch in September. “Going forward, new free offers from Reliance Jio could invite greater scrutiny and may not be easy to push through, if this event is any indication,” it said in a note on Friday.


Source: Mint April 09, 2017 21:29 UTC



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