Reliance Jio Infocomm has announced a new freebie for subscribers this new year with free off-net domestic voice calls from January 1, 2021.
As per the directions of Telecom Regulatory Authority of India (TRAI), the Bill & Keep method is being adopted from January 1 onwards which will put an end to interconnect usage charges or IUCs for all domestic voice calls.
It’s worth pointing out that on-net domestic voice calls have always remained free on the Jio network. However, the company has previously said that it will honour its commitment to bring off-net domestic voice call charges to zero when the IUC charges are removed.
Also read - Ambani: Jio 5G To Launch In India By The Second Half Of 2021
The consequences of this move by Reliance Jio were immediately felt by rival Bharti Airtel whose shares fell as much as 2 per cent in the intra-day trades on December 31. Meanwhile, shares of Vodafone Idea saw gains of 4.4 per cent on the National Stock Exchange (NSE) index.
Reliance Jio has been a game-changer for the Indian telecom industry. The company is now shifting its focus towards bringing 5G technologies to India. Jio will reportedly enable 5G signals in the country by the second half of 2021.
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