TRAI forces Reliance Jio to withdraw Summer offer

Vastavam Web: The telecom regulator ordered Reliance Jio Infocomm to withdraw its Summer Surprise plan that offered three months of free services to a user who paid an initial fee by April 15, dealing a setback to the newcomer’s bid to rapidly add to its subscriber base. 

The move by the Telecom Regulatory Authority of India (Trai), which came after a meeting with Jio officials earlier on Thursday, will give relief to rivals such as Bharti Airtel, Vodafone India and Idea Cellular. They have been struggling under the onslaught of Jio’s two successive free offers, and the development should help restore pricing rationality over the next few months, experts said. 

“Today, Trai has advised Jio to withdraw the three months complimentary benefits of Jio Summer Surprise,” the company said in a release