Breaking COAI slams Trai for biased rules favoring Reliance Jio

[Sai Jai]

NEW DELHI: India’s older carriers have slammed the telecom regulator for a series of regulations over the last 12-18 months which favour only new entrant Reliance Jio at the cost of the existing ones, and said the latest tariff order on predatory pricing violated the ‘fundamental right’ of incumbents to carry out business.

In a statement Tuesday, the Cellular Operators Association of India (COAI) called on the government to urgently intervene, saying that regulations and policies that were not based on fair play would further aggravate the financial stress in the industry , kill future investments and leave thousands of jobs at stake.


COAI slams Trai for biased rules favoring Reliance Jio - ET Telecom

 

[Sai Jai]

:rofl::rofl::tongue::tongue:

Incumbent operators which include Bharti Airtel , Vodafoneand Idea Cellular are of the opinion that the latest tariff order on predatory pricing violated the ‘fundamental right’ of incumbents to carry out business.

Jio spokesperson further said, “While one can understand their sense of despair that the era of over-charging consumers is coming to an end, there cannot be any justification for such irresponsible conduct which is unbecoming of a so-called industry association. Both the consumers and the regulator are well aware of how much the consumers have benefitted by the reduced telecommunication tariffs in the last 18 months.”

Quashing allegations and rumours, Jio called the allegations against it as baseless and said that it reserves the right to take all possible steps as legally advised.

Incumbent operators running malicious, derogatory campaign: Reliance Jio - ET Telecom