Its an all out war to dominate the telecom space in the country with Reliance Industries Chairman Mukesh Ambani finally releasing the details of his much awaited telecom venture Reliance Jio. Ambani has not just announced making voice calls free but has offered attractive data packages that will put serious pressure on the incumbents like Airtel, Vodafone and Idea. And not one to let go off an opportunity to make his voice heard, Ambani not just addressed his shareholders and potential customers but also had a few words for his rivals.
"Healthy competition is the lifeblood of a vibrant economy. It is the engine that drives innovation and customer value. No doubt, all of us operators will compete vigorously in the marketplace, " said Ambani.
Here are 5 things that Mukesh Ambani said to his rival telecom operators
1) "Incumbent operators have significant advantages over new entrants, since incumbents have well established networks and existing customers. New entrants require fair access to both. Therefore, the onus is rightly on the incumbent operators not to misuse their market power by creating unfair hurdles, when it comes to providing points of interconnect between their networks and Jio's network."
2) "Such hurdles will serve only to create a poor experience for Jio customers who are trying to make calls to incumbent operators' networks."
3) "In fact, in the last week alone, Jio customers suffered over 5 crore call failures to other networks because of insufficient interconnect capacity provided by incumbents. Giving the impression to common Jio customers that voice is not working, when actually the incumbent operators are deliberately dropping calls."
4) "This is the reason why telecom operators have legal obligations, as part of their license conditions, to provide Points of Interconnect to other operators. Likewise, they have an obligation to also not to limit customers' right to migrate to Jio using Mobile Number Portability."
5) "I appeal to my fellow operators to do their part, both in letter and spirit, to create a fair and reciprocal framework of coopetition that is good for India and good for Indian customers."