Stock Advisory in Indore, Idea CEO says IUC cut will ensure only one technology will survive

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A week after Telecom Regulatory Authority of India (Trai) decided to slash interconnection usage charge (IUC) to 6 paise a minute, Idea Cellular Ltd on Wednesday said that the decision will eliminate all telecom technologies other than 4G.

“While it is important to talk about the vision 2020, it is also important to talk about the big elephant in the room that nobody is talking about,” Himanshu Kapania, chief executive and managing director of Idea Cellular Ltd, said at the India Mobile Congress.

“The challenge today is that the government of India has to decide whether it only wants forward-looking technologies or will it allow co-existence of 2G. Trai has pushed us to a level where only one technology survives and wants all other technologies such as 2G, 3G to close down,” he added.