Moneycontrol Be a Pro
Get App
Last Updated : Sep 20, 2017 11:15 AM IST | Source: CNBC-TV18

IUC more than halved: Here's what experts think

In a landmark decision, the Telecom Regulatory Authority of India (TRAI) has slashed the interconnect usage charge or the IUC by more than half to 6 paise per minute from 14 paise per minute currently effective from October 1. In an interview to CNBC-TV18, Nitin Soni, Director - Asian Corporates at Fitch Ratings and Naveen Kulkarni, Co-Head of Research, PhillipCapital shared their views and readings on the same.

In a landmark decision, the Telecom Regulatory Authority of India (TRAI) has slashed the interconnect usage charge or the IUC by more than half to 6 paise per minute from 14 paise per minute currently effective from October 1.

In an interview to CNBC-TV18, Nitin Soni, Director - Asian Corporates at Fitch Ratings and Naveen Kulkarni, Co-Head of Research, PhillipCapital shared their views and readings on the same.

For FY18, Bharti Airtel, Vodafone and Idea Cellular will face a decline of about 4-6 percent on their EBITDA levels given it is a six months effect, Soni said.

Close

Reliance Jio will obviously realise a huge cost savings because the money they were paying earlier for the interconnection termination charges, they will save that amount of money, he added.

Naveen Kulkarni said that to some extent the market was factoring in the cut in IUC. Stocks are likely to correct and will remain weak through the day and it will take some time for them to recover, he added.

For entire discussion, watch accompanying videos....

Disclaimer: Reliance Jio is a part of Reliance Industries that owns Network 18 Media & moneycontrol.com

Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.
First Published on Sep 20, 2017 11:15 am
Loading...
Follow us on
Available On