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'Airtel, Vodafone Idea shedding crocodile tears': Reliance Jio to COAI

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Billionaire Mukesh Ambani's Reliance Jio on Wednesday slammed telecom industry body COAI for its "threatening and blackmailing" tone in its communication to the government on non-existent crisis in the sector following the Supreme Court ruling on payment of statutory dues. Jio said it disagrees with the "threatening and blackmailing tone" of COAI and accused the older operators of not investing sufficiently in the sector and "shedding crocodile tears" by claiming financial stress.

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