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CAG demands revenue sharing details of private telcos

CAG demands revenue sharing details of private telcos

By Press Trust Of India | Updated: 6 June 2013 11:41 IST

The Comptroller and Auditor General has sought revenue sharing details of private telecom operators of last seven years beginning 2006-07 by June 20 2013.

Citing a Supreme Court order of August 2010, CAG has asked Telecom Regulatory Authority of India 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 communique 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 June 20 2013.

Earlier, private telecom operators opposed 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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Further reading: CAG, COAI, Cellular Operators Association of India, Comptroller and Auditor General, Private Telecom Operators, Supreme court, TRAI, Telecom, Telecom Regulatory Authority of India