Jio asks TRAI to slap penalties on Airtel, Vodafone for illegally masking wireline as mobile numbers
However, Bharti Airtel hit back saying Jio is trying to misguide the regulator ahead the consultation on call connect charges.
The day saw executives from Jio and Airtel taking digs at their respective rival’s stance on the issue during interactions with the media.
'Airtel Thanks' is an exclusive rewards programme by the telecom operator based on the monthly spends.
Jio had announced on Wednesday that it will begin charging customers for outgoing calls made to rival networks at six paise a minute to recover the interconnect usage charge applicable on such calls.
The offer is set to raise the competitive heat in a market that has recently seen commercial roll-out of Jio's fibre-based services.
Before joining Nxtra, Tapadia worked at Netmagic Solutions as the chief service officer and executive director on the board where he managed data centre operations across multiple cities.
It did not anticipate a direct impact on broadcasters but said that indirect impact on subscription revenue could be felt if DTH/MSOs (multiple-system operator) revenue are affected.
While Airtel posted a consolidated net loss of Rs 2,866 crore for the first quarter of FY20, its first such loss in more than a decade, its scrip rose 6.02 per cent in value on Friday.
The process of switching off the 3G network has already started with Kolkata in the recent-concluded June quarter.
Bharti Airtel has operations in 18 countries across Asia and Africa.
'Disappointing corporate earnings are adding to the weakness in the benchmarks. Weak monsoon in major parts of India is also weakening the sentiments,' said Romesh Tiwari.
Hinting at possible legal recourse, Airtel asserted that it will approach the 'appropriate forum' after receiving a formal intimation about penalty.
In its earlier meeting in June, the panel had approved the penalties but asked TRAI to revisit the quantum of fines taking into account the financial stress in the sector.
Bharti Airtel on July 1 announced that the consumer mobile business of Tata Teleservices Ltd has now become its part.
Sunil Bharti Mittal's remuneration in 2018-19 was Rs 21.19 crore more than the ceiling of 11 per cent of the company's net profit.