Reliance Jio drags Airtel, Vodafone, Idea to CCI
Reliance Jio told Competition Commission that Airtel, Vodafone, Idea throttling its entry in telecom sector by forming cartel.
Mukesh Ambani’s Reliance Jio has approached Competition Commission of India (CCI) against incumbent operators like Bharti Airtel, Idea Cellular and Vodafone India.
Assem Manchanda of Zee Business reported, "Reliance Jio moved CCI alleging cartel by Airtel, Vodafone and Idea Cellular."
Reliance Jio moved @CCI_India alleging cartel by Airtel, Vodafone and Idea Cellular @ZeeBusiness @reliancejio
— Aseem Manchanda (@aseemmanchanda) November 28, 2016
Reliance Jio told Competition Commission that Airtel, Vodafone, Idea throttling its entry in telecom sector by forming cartel.
Reliance Jio to Competition Commission- Airtel, Vodafone, Idea throttling its entry in telecom sector by forming cartel. @ZeeBusiness
— Aseem Manchanda (@aseemmanchanda) November 28, 2016
Recently, Telecom Regulator Trai fined the three telecom players for not sanctioning the required POIs to Jio.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
03:19 PM IST