Reliance Jio gets Trai boost: Rs 4000-crore loss to Vodafone, Idea, Airtel; Ambani’s firm to save Rs 5000 cr financialexpress.com

The Telecom Regulatory Authority of India on Tuesday cut the mobile termination rate by a massive 57% to 6 paise per minute from the current 14 paise per minute, a move that would render a loss of over Rs 4,000 crore annually to the three big incumbents — Bharti Airtel, Vodafone and Idea Cellular — while leading to an annual saving of around Rs 5,000 crore for Reliance Jio.