Reliance Jio, a new sim launched by Reliance Communications has been a point of discussion now-a-days. Company has claimed that it is providing free voice calling and internet facility at lowest tariff charges. But due to high percentage of customers, 5 crore calls were dropped in the first week itself. For this, Mukesh Ambani has blamed the other telecom companies for not providing proper interconnectivity during voice calls. The case has been raised to TRAI, where it has strictly said that customers should not be the defaulters between the companies fight. Association has said that telecom companies are not obliged for such a huge amount of traffic for call drop. To resolve the topic, calls of Reliance Jio will be studied separately and hence decision will be taken.
If the decision is in favor of Reliance Jio, its stock prices will hike else the other telecom companies stocks will surely rise which came down after the launch of Reliance Jio.
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