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RIL’s telecom arm opposes BSNL, MTNL suggestion for floor price exemption

18 Mar 2020 Evaluate

Reliance Industries’ (RIL) telecom arm Reliance Jio Infocomm (Jio) has opposed the suggestion of BSNL and MTNL to exempt telecom operators having less than 15 per cent market share from minimum rates for phone calls and data services.

According to Trai data for December 2019, BSNL has 10.26 per cent and MTNL 0.29 per cent market share in mobile services, while Jio leads the market with 32.14 per cent market share.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

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Company Name CMP
Reliance Industries 1175.80
Indian Oil Corpn. 126.00
Bharat PetroleumCorp 286.15
HPCL 329.35
MRPL 174.85
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