CAG seeks revenue sharing details of pvt telecom operators
Moneylife Digital Team 06 June 2013

Citing a Supreme Court order of August 2010, the national auditor has asked Telecom Regulatory Authority of India (TRAI) to submit revenue sharing details and documents of private telecom operators for assessment by 20th June

The Comptroller and Auditor General of India (CAG) has sought revenue sharing details of private telecom operators of last seven years beginning 2006-07 by 20th June. Citing a Supreme Court order of August 2010, the national auditor has asked Telecom Regulatory Authority of India (TRAI) to submit revenue sharing details and documents of private telecom operators for assessment.

 

“DoT (Department of Telecom) has commenced the assessment process of the licence fee and spectrum usage charges of the telecom service providers since 2006-07. Therefore, it has now been decided to call for the revenue sharing details and documents from the private telecom service providers,” CAG said in its communiqué to TRAI.

 

The auditor has asked TRAI to instruct telecom operators to submit all their revenue sharing details of last seven years (2006-07 to 2012-13) by 20th June.

 

Earlier, private telecom operators opposed the CAG’s demand for accessing their books and approached court through industry body, Cellular Operators Association of India (COAI).

 

The apex court rejected plea of COAI and said COAI members should furnish revenue sharing details or any such information required by the auditor.

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