Mukesh Ambani, Chairman of Reliance Jio, will share the stage with other czars of telecom sector such as Idea Cellular’s Kumar Mangalam Birla and Airtel’s Sunil Bharti Mittal this week at the India Mobile Congress.
As per the website of the 3-day occasion, which begins from this week, Vittorio Colao, Chief of Vodafone, will be absent in person, but will connect with other leaders of telecom sector for the curtain raising session via video link.
“Manoj Sinha, the Telecom Minister; Ravi Shankar Prasad, the Law and IT Minister; and Piyush Goyal, the Railways Minister will join us for the curtain raising session. Leaders of huge telecom firms will be present in the event. We will join with Vittorio Colao through satellite,” Rajan S Mathews, the Director General of industry body COAI, claimed to the media in an interview.
He claimed that Aruna Sundararajan, the Telecom Secretary, and Ajay Prakash Sawhney, the Secretary of Electronics and IT, will also be present in the session. According to the program on the website, Ambani will give the inaugurating speech and Mittal is among the speakers. Reliance Jio that made an entry in the telecom industry almost a year back has been at loggerheads with current telecom companies, such as Idea Cellular, Bharti Airtel, and Vodafone, over various problems that have resulted in multiple litigations in the court.
Jio’s entrance has activated a tariff battle in the sector, which has resulted in lowering of earnings of the current telecom companies. The existing companies have appealed to the government looking for relief for the debit ridden segment. The newest challenge of debate among the newbie and existing companies is lowering in charges for mobile call connection. Vodafone, Airtel, and Idea had been asking elevated in rates of IUC (mobile interconnect usage) to almost 30–36 Paise from 14 Paise each minute and Jio has been asking remove all the charges.
Regulator TRAI agreed to drop down the rates to 6 Paise each minute starting form next month and nil starting from 2020. Mathews claimed that 8 embassies, compromising those of the U.K., the U.S., Germany, and Finland, are taking part in the event.