COAI


Sunil Sood, MD and Chief Executive, said: “We’ve brought-in the largest FDI infusion ever Rs 47,700 crore of equity infusion in country and this will be used to retire debt, bidding for spectrum, expanding business network and investments in tech

Trai Secretary Sudhir Gupta has asked telecom operators to resolve the matter without compromising on service quality, but Airtel continued to accuse Reliance Jio of abusing network by tsunami of free traffic.

The average revenue per user prevailing in the industry is Rs 180/month. Reliance Jio appears to be positioning itself for Rs 400-499, observes COAI.

Mukesh Ambani is also learnt to have discussed the company’s position on the standoff relating to points of interconnect with the existing cellular networks.