NEW DELHI: Bharti Airtel , India’s largest telecom operator, on Thursday claimed it was incurring a loss of Rs 550 crore per quarter due to a tsunami of calls originating from the Reliance Infocomm Jio network.The Sunil Bharti Mittal-led firm said the company was suffering a loss of 21 paise per minute on calls originating from the rival retwork. Jio aims to build business by getting a free ride on the highways built by Airtel , the company said.“India needs competition, not a monopoly in telecom,” ETNow quoted a company official as saying.The company said allegations made by Jio on excess revenue from mobile termination charge (MTC) was false. Scrapping MTC will let Rel Jio continue with predatory pricing and throttle competition, the company said."By proposing a transition to 'bill and keep' regime with zero MTC, Reliance Jio wants to simply transfer its cost to Airtel and other operators,” Reuters reported the company as saying.Bharti Airtel says as per current estimates, the cost for 'bill and keep' with zero MTC would be to tune of Rs 15,000 crore to Rs 20,000 crore per year for the industry, said the Reuters report.