The move may see lower call charges as the telecom regulator has cut the rates paid by an operator for termination of mobile call on a rival network by nearly half from current 14 paise.
By 2020, the TRAI will phase out domestic call termination charges on mobile to mobile calls.
Termination charges are the charges payable by a telecom network where a call originates to the network where the call terminates. "Unless mitigated, this decision will have serious consequences for investment in rural coverage, undermining the Government's vision of Digital India", Official Spokesperson of Vodafone India said.
Reliance Jio said it is appalling that the incumbent operators have still gone ahead and made untrue and baseless allegations against the process for determination of IUC or the telecom regulator.
But Reliance Jio and Aircel, which are a little behind in the race will benefit from the new rates as now they'll be paying a lot less to other networks, which have more subscribers, for outbound calls from their networks. Trai believes that reduction of these charges would benefit the customers a lot. While Jio had been strongly seeking a cut in IUC in order to encourage new technologies and 4G, the demand had been countered by rival telecom players. The experts are also of the view that this move will also increase the competition between telcos. "It should have been implemented in 2014 as envisaged in the 2011 Report submitted by TRAI to the Supreme Court and will be six years too late", said Reliance Jio in a statement.
Global ratings agency Fitch said the cut in the interconnect user charges will lead to transfer of up to $600 million (roughly Rs. 3.859 crores) per year to newcomer Reliance Jio from the incumbent operators.
Analysts are forecasting another price war, following what has already been a tumultuous 12 months for the market since Reliance Jio emerged.
It's a regime that typically benefits the largest telecom operators. Apart from the immediate impact on EBITDA generation, the industry also faces the challenge of continuation of competitive intensity from RJio, given the headroom it has got from the IUC savings, says ICRA in the release.
A cut in IUC means Airtel, Vodafone and Idea will now need to recover a greater share of their costs from their customers, but leave alone being able to raise tariffs, they would most likely be forced to drop tariffs to counter Reliance Jio. But what is interconnection usage charges? With IUC gone, profitability for Airtel will be dented. The elimination of IUC will result in direct benefit to customers through lower tariffs.
Dominican authorities had closed schools and government offices and urged people to move from unsafe areas to shelters. The storm will affect parts of the Leeward Islands and the British and US Virgin Islands for next couple of days.
A Burundian refugee told AFP: "I saw people falling down, men, women and children who were completely unarmed". The UN envoy called for a swift investigation and urged Congo's security forces to use force as a last resort.
Among the many propaganda tactics of disinformation is to use true information to manufacture false conclusions. Among the officials who requested the spy reports was Obama's national security adviser, Susan Rice.
Beese Fulmer Investment Management Inc. lifted its holdings in shares of Oracle Corporation by 0.7% in the first quarter. This company shares are 5.11% off its target price of $49.59 and the current market capitalization stands at $192.84B.
Since the beginning, SpaceX founder and CEO Elon Musk has stressed the importance of making the company's rockets reusable. The video shows a range of issues, including exploding rockets, engine sensor failures and a sticky throttle valve.
Bush administration and was appointed as the office's director by President Barack Obama. "Too bad!", the president tweet. Trump retweeted a slew of other images on Sunday depicting the influence of his "Make America Great Again" agenda.
FW Mohamed Salah , 7 - Very lively in the first half and had several efforts on goal, the best of which resulted in the equaliser. Burnley have made a promising start to the season under manager Sean Dyche .
While thankful for having won West Indies a trophy off his own bat, Brathwaite's goal now is for consistent worldwide success. Brathwaite didn't not feature in the preceding Test series , which England claimed 2-1 after winning the 3rd Test at Lord's.
But with more than 230,000 children estimated to have arrived in Bangladesh , many more will need help, Mr. Matthew Rycroft said it was the first statement from the Security Council on Myanmar in nine years.
Hospital Removes Nurses That Called Newborns 'Mini Satans'
Joy Allen added: "As a former Navy daughter, Navy wife and mother of a child born at NAS JAX I am sicken by this behaviour". ABC affiliate WFTS reported that the photo is an image from a Snapchat account belonging to one of the employees.
'Tez' designed to make e-payments simple, secure: Google
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The Week 4 Coaches' Poll Top 25 Is Out
I flipped Oklahoma State and Ohio State in the eighth and ninth spots this week on the basis of the Cowboys' work at Pitt. LSU fell all the way from 12th to 25th after getting smoked by Mississippi State , 37-7, on Saturday evening.
Rampant Manchester City looking more like a Guardiola team
This is the fifth League match for both of them, while Watford had two wins and two draws by playing four matches so far. We tried to sign one more during the market because we know some of the players here have had some problems in the past.
Jose predicted to become tropical storm
After the Caribbean was left devastated by Hurricane Irma last week , there was worry that Jose could do further damage. The report added that "tropical-storm-force winds extend outward up to 115 miles from the center".
Baby No. 2 on way for Adam Levine and wife Behati Prinsloo
Maroon 5 is now prepping their new studio album while Prinsloo is gearing up for Victoria's Secret Fashion in Shanghai, China. To some, Behati's second pregnancy will not come as a surprise. "I'm an only child so I wanted like 10 kids.for sure".