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Reliance Jio to make all domestic voice calls free from 1st Jan

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Capital Market

All calls from Jio, to any network, anywhere in india will be free from 1st January 2021.

As per directions of the Telecom Regulatory Authority of India (TRAI), Bill and Keep regime is being implemented in the country from 1 January 2021, thereby ending interconnect usage charges (IUC) for all domestic voice calls.

Reliance Jio Infocomm (Jio) will make all off-net domestic voice calls free, starting 1 January 2021. On-net domestic voice calls have always been free on the Jio network.

In September 2019, when TRAI extended the timeline for implementation of the Bill & Keep regime beyond 1 January 2020, Jio was left with no option but to start charging its customers for off-net voice calls, at a rate exactly equivalent to the applicable IUC charge. While doing so, Jio had assured its users that this charge would continue only till the time TRAI abolished IUC charges.

 

RIL is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and digital services.

RIL's consolidated net profit fell 6.6% to Rs 10,602 crore on 25.5% decline in net sales to Rs 1,11,236 crore in Q2 September 2020 over Q2 September 2019.

The scrip rose 0.02% to Rs 1995.85. It traded in the range of 1984 and 2011 so far during the day.

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First Published: Dec 31 2020 | 1:46 PM IST

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