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Reliance Jio vs. the rest - the slugfest escalates

After fighting out on the money power to acquire spectrum, the slugfest between newcomer Reliance Jio and existing telcos - Airtel, Vodafone and Idea Cellular - has shifted to the regulatory terrain.

After much haggling and a near 10-year delay, the "revolutionary" Goods and Services Tax (GST) Bill was passed in the upper house of Parliament on Wednesday.
The Telecom Commission has reportedly decided to stick to its weighted average formula for the controversial spectrum usage charge (SUC) rates.
Verizon had acquired AOL last year and together with Yahoo, the telecom company could transition from being a "dumb" network to a content-rich one.