Reliance Jio, Telenor, Tata Teleservices, and Two More Telecom Operators Understated Revenues by Rs 14,800 Crore: CAG

Indian telecom operators are already going through a tough phase, thanks to the competitive market. Today, Comptroller and Auditor General of India (CAG) tabled in Parliament said that five telecom operators in the country had understated their revenues. And the telecom operators are Tata Teleservices, Telenor, Videocon Telecom, Quadrant (a Videocon group firm) and Reliance Jio.

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These five telecom operators have understated the revenues by over Rs 14,800 crores, which led to a shortfall of close to Rs 2,578 crore to the banks.

It is also stated that these telecom operators paid Rs 1,015.17 crore less in license fee, Rs 511.53 crore less in spectrum usage, and Rs 1,052.13 crore as interest applicable for delaying the payment to the government.

“As per the report of Comptroller and Auditor General of India (CAG) tabled in Parliament, the government was paid Rs 1,015.17 crore less in licence fee, Rs 511.53 crore in spectrum usage charge, and Rs 1,052.13 crore as interest applicable on delay in payment,” a report from PTI stated.

It is also revealed that the government collection from Telenor is short of Rs 603.75 crores, Tata Teleservices is short of Rs 1,893.6 crores, Reliance Jio is short of Rs 6.78 crores, Videocon is short of Rs 48.08 crores, and Quadrant is short of Rs 26.62 crores. These charges are for license fees, and on top of these, other charges such as SUC and interest rates for late payment are also applicable.

“To sum up the verification of records of five PSPs (private sector players) by audit indicated total understatement of AGR (adjusted gross revenue) of Rs 14,813.97 crore for the period up to 2014-15 and consequent short payment of revenue share on Government of India to the tune of Rs 1,526.7 crore,” said CGI.

CGI also added that the “interest due on the short paid revenue share for the period up to March 2016 was Rs 1,052.13 crore.”

To summarise the things, the CAG report is based on the audit of Reliance Jio Infocomm from 2012-13 to 2014-15, Tata Teleservices and Tata Teleservices (Maharashtra) Ltd from 2010-11 to 2014-15, Videocon Telecom (2009-10 to 2014-15), Telenor (2009-10 to 2014-15), and Quadrant Televentures (2006-07 to 2014- 15).

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28 Comments on "Reliance Jio, Telenor, Tata Teleservices, and Two More Telecom Operators Understated Revenues by Rs 14,800 Crore: CAG"

 

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seahawk
December 20, 2017 10:38 am 10:38 AM

fraud jio is exposed. chor chori se jaye hera pheri se na jaye.

Idea88
December 20, 2017 10:18 am 10:18 AM

Surprised to see that , R Jio passed benefits to users ..then also Watch dog have issues ..

TechLover
December 20, 2017 10:49 am 10:49 AM

This is not a correct way of thinking.

S Gopal
December 20, 2017 5:14 pm 5:14 PM

+1

wrecktangle
December 20, 2017 3:23 am 3:23 AM

strangely airtel is giving great speeds since last couple of months (maybe because no one is using?)

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Proxima Midnight
December 20, 2017 12:12 pm 12:12 PM

Only Jio has OFC 1000 tarabits/s bla bla EVERYTHING is seems to be myth now..
.
Everyone is back to Jio even my all friends & family around only 1-2 are stuck on Jio
.
Everyone is enjoying same benefits on AIRTEL with better QoS.

Chetan
December 20, 2017 2:08 pm 2:08 PM

People who are experiencing bad speed on Jio or Airtel need to understand both network are full of free loaders. Under pressure, Vodafone, airtel and jio itself has to give additional data which is putting pressure on networks. This is real stress test on companies. more over Jio sub Ghz spectrum is too less and congested, but if you latch on to Band 40 (20mhz) spectrum. speeds are better. Jio network is designed to support much more than it is stressing now. But need additional spectrum carrier to support data boom. Hopefully should get in next auction.

Proxima Midnight
December 20, 2017 5:24 pm 5:24 PM

come to Delhi, & test your Jios 2300 band yourself. it performs very bad than others. below 2 mbps on an open area with 80 dbm signal. LOL

Crazy
December 20, 2017 6:31 pm 6:31 PM

@Proxima : You are wrong. I get good speed. It depends up on location and phone as well.

Proxima Midnight
December 21, 2017 12:20 am 12:20 AM

i get 10-20 mbps only in Night on 2300 also tested at most open places in Delhi it won’t deserves to be called as 4G
Airtel performs very well.

geek
December 20, 2017 10:41 am 10:41 AM

Quality conscious consumers will stick to / move over to Airtel !

Faraz
December 20, 2017 3:39 pm 3:39 PM

Agent words..
-1
Quality conscious customer will find out who is giving best service at home and work place and choose that very operator. In Munger Jio is best @ every corner.

geek
December 20, 2017 10:41 am 10:41 AM

Quality conscious consumers will stick to / move over to Airtel !

TechLover
December 20, 2017 10:22 am 10:22 AM

It’s because they are adding 2300Mhz and CA slowly. They are yet to add 2300Mhz across many circles. In Mumbai, I have experienced around 100Mbps too.

Kaushik
December 20, 2017 10:50 am 10:50 AM

In Mumbai I have experienced world class 2mbps 4G of airtel….

Chetan
December 20, 2017 7:02 pm 7:02 PM

Kaushik, pls understand Mumbai, delhi are highly congested zones. Even above @proxima wrote about Jio worst performance in Delhi. Mumbai is known for shoddy design of networks because getting space for towers is difficult in Mumbai. Towers are placed in adhoc manner. Lot many areas are under grey spots where signal barely reaches inside buidling. Top it all, Spectrum is scanty in comparison to user base. just look at vodafone speeds in Mumbai. It is worst…

Idea88
December 20, 2017 10:16 am 10:16 AM

There is no need of thinking ..everyone knows that everyone using almost Jio …so less users left with avido nowadays

guest
December 20, 2017 9:55 am 9:55 AM

Yes in Patna also easily crossing 40 mbps.idea also giving regularly 10-12mbps .Jio is worst here.

Chinmay
December 20, 2017 9:00 am 9:00 AM

Yes, everyone has shifted to Jio so there is hardly anyone on Airtel network.

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