RJio Terms IUC Review Paper ‘Arbitrary'

Says it adversely affects the credibility of the authority and investors’ confidence

- Rajesh Kurup

Reliance Jio Infocomm (RJio), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has termed telecom regulator’s proposals on Interconnect Usage Charges (IUC) as “anti-poor” and “arbitrary”.

Further, the company controlled by billionaire Mukesh Ambani also said that it sabotages Prime Minister Narendra Modi’s Digital India mission. “…the implementation of the Bill and Keep (BAK) regime is not only wholly arbitrary, bad in law, unwarranted, and antipoor, but it also adversely affects the credibility of the authority and investor’s confidence,” RJio said in its official response to a Consultancy Paper (CP) on IUC floated by the Telecom Regulatory Authority of India (TRAI).