Reliance Jio's new pricing will continue to bleed industry: COAI

[Anup Tiwari]

NEW DELHI: Cellular operators' body COAI has said Reliance Jio's latest pricing will continue to bleed the industry and there is risk of cascading impact on banks and others that have large exposure to the telecom sector.
COAI said that while market's move towards lower pricing is good for consumers, the larger question of whether such pricing confirms to tariff regulations is a matter that needs to be settled by the courts and the telecom tribunal.

"The industry will continue to bleed under this pricing, and there is the risk of cascading impact on the banks, government (accruals from licence fee and spectrum payments made by telcos), and equipment manufacturers," COAI director general Rajan Mathews told .
Reliance Jio: Reliance Jio's new pricing will continue to bleed industry: COAI, Telecom News, ET Telecom

 

[im_dude]

Bade Ambani to crush his opponent with April fool trick now (summer offer).Those who purchased prime with min 303 is gifted with more data and free calling

 

[PRK]

Jio is killing it. Sure, those who have earned so much money from us customers will bleed. Jio is offering us what they used to offer for 10 times the money.