Home
Telecom
Telecom News
Telecom Operators Served Notice for Under Reporting Revenue: Prasad

Telecom Operators Served Notice for Under-Reporting Revenue: Prasad

By Press Trust of India | Updated: 11 August 2014 16:16 IST

Government has issued show cause notices to leading telecom companies - Airtel, Vodafone, Idea, Aircel, Reliance Communications and Tata Teleservices - for under-reporting their revenue. The companies have refuted the charges, the Parliament was informed on Monday.

"During scrutiny of the documents submitted by licensees (telecom operators), Department of Telecom has noticed that the records submitted by some private telecom companies give indication of under reporting of revenues," Telecom Minister Ravi Shankar Prasad said in Lok Sabha.

Show cause notices were issued to the companies in whose books the DoT observed that revenues were under reported, he added.

The list shared by the Minister showed two notices were issued to Dishnet Wireless (now Aircel) on April 9, one each to Aircel on March 27, Idea Cellular on March 20, Vodafone on March 25, Tata Teleservices on March 20, Bharti Airtel on March 19 and RCom on March 18 this year.

"Each of them has refuted the charge and claimed that their revenue details have been worked out keeping in view various court judgements and hence are in order," Prasad said.

The minister said the companies have given representation which is being examined by the DoT before taking a final decision.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.