Trai cuts cross-network connection charge: Advantage Jio, more worry for Airtel and Vodafone-Idea
(WorldNews India)

Men speak on their mobile phones on a seafront in Mumbai August 28, 2014.Reuters file The Indian telecom industry has been witnessing tectonic shifts for the past one year. In the latest development, the Telecom Regulatory Authority of India (Trai) has cut interconnection usage charges (IUC) levied by telecom firms by 57 percent to 6 paise per minute from 14 paise. The move is going to be a big worry for companies like Bharti Airtel and Vodafone-Idea Cellular as it will render a loss of over Rs 4,000 crore...