We understand that Reliance Jio's voice traffic is substantially higher than the average operator’s traffic in the industry. With no
pending POI issue at TRAI’s end, we believe the industry’s POI issues are resolved. This should support RJio’s voice calling offerings. Further, there are media reports quoting TRAI that its promotional offer cannot exceed 90 days.
Based on our discussions, we believe there is no regulation to deter the continuation of the promotional offer over 90 days. We believe RJio could tweak its offering to extend its promotion beyond the 90-day period that started on September 5, 2016 using special tariff vouchers.