Airtel says it lost Rs 550 cr each quarter on Jio’s tsunami of calls

Accusing Jio of using “sinister design” to create a monopoly, telecom operator Airtel has said that it lost 21 paisa every minute amounting to Rs 550 crore per quarter due to ‘tsunami of calls’ coming from Jio. Airtel further reportedly said Jio is seeking an end to interconnection usage charge to transfer its own costs of Rs 20,000 crore a year to other operators.

Airtel says it lost Rs 550 cr each quarter on Jio's tsunami of calls

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