Reliance Jio's claims on IUC made to malign other operators: Airtel

It said Jio's present value of surplus recovery will be only Rs 7,443 crore, not Rs 46,958 crore

Bharti Airtel has alleged that Reliance Jio made misleading claims about incumbents benefitting by almost Rs 1 lakh crore due to non-implementation of the Trai report of 2011.

According to Airtel’s letter  to Telecom Regulatory Authority of India (Trai) Chairman R S Sharma, the facts presented by Jio were grossly incorrect and they seem to have been misrepresented with “the specific purpose of maligning other operators and misleading Trai and the public at large”.

In the letter, Airtel said gross interconnect usage charges (IUC) receipts were considered instead of net IUC receipts and even the gross receipts were on much higher side