Companies & Sectors
Vodafone offers to triple interconnect points, Jio says inadequate
New Delhi: Vodafone India on Thursday said it had decided to increase its points of interconnect (PoIs) with Reliance Jio three-fold -- a move which the new player has welcomed but still found it short of actual requirement.
 
"Vodafone India has always provided the PoI to other operators for all their fair, reasonable and legitimate requirements and will continue to do so," a company statement here said.
 
"Following guidance from the Telecom Regulatory Authority of India (TRAI) and clarifications from Jio regarding its commercial launch, Vodafone India has decided to increase its POI with Jio three-fold and accordingly increase the capacity to connect. Vodafone is hopeful that all issues it has raised with TRAI and Jio will be duly considered and resolved at the earliest," the statement added.
 
Reliance Jio said the decision was welcome, but with a caveat.
 
"The quantum of POIs proposed to be released by Vodafone as per its press release is substantially less than the requirement estimated based on transparent workings shared with Vodafone," it said in a statement.
 
The company said while it has been writing regularly to Vodafone, no action was taken for the last several weeks, resulting in non-compliance of regulations on quality of service that mandates that PoI congestion should not affect more than 1 call in every 200 calls made.
 
"The situation has deteriorated significantly in the last few weeks, with over 80 calls failing out of every 100 call attempts. In the last 10 days alone, over 15 crore RJIL calls have failed on the Vodafone network," it said.
 
"Reliance Jio hopes Vodafone will enhance the PoI's sufficiently to meet their license obligation of quality of service with immediate effect and maintain these parameters on an ongoing basis."
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

User

Stocks: Higher Return, Lower Risk
Most individuals are risk-averse, when it comes to investment decisions. This is one of the...
Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
Petrol price up by 58 paise/litre, diesel down by 31 paise
New Delhi: Amid the recent fluctuation in global oil prices, state-run Indian Oil Corp (IOC) late on Thursday moved in contradictory ways on transport fuels, increasing the price of petrol by 58 paise a litre and decreasing diesel by 31 paise per litre effective from midnight -- both at Delhi, with corresponding changes in other states.
 
"The current level of international product prices of Petrol and Diesel and INR-USD exchange rate warrant increase in selling price of Petrol and decrease in selling prices of Diesel, the impact of which is being passed on to the consumers with this price revision," IOC said in a release here.
 
Making its previous fortnightly revision in fuel prices on August 31, the IOC had hiked prices of petrol by Rs 3.38 a litre and diesel by Rs 2.67 per litre effective both at Delhi, with corresponding increase in other states.
 
Petrol per litre from Friday will cost Rs 64.21 in Delhi, Rs 67.42 in Kolkata, Rs 69.13 in Mumbai and Rs 63.76 in Chennai.
 
Similarly, diesel per litre will cost Rs 52.59 in Delhi, Rs 54.89 in Kolkata, Rs 58.10 in Mumbai and Rs 54.06 in Chennai.
 
The Indian basket of crude oils closed trade on Wednesday at $44.44 a barrel as per official data.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

User

COMMENTS

A L Bavishi

4 months ago

Fine, very good articles

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)