January 1st, 2018 10:10 AM 29 COMMENTS

DoT to Issue a Notice to Telenor, Reliance Jio, and 3 More Telecom Operators to Recover Rs 2,578 Crore Understated Revenue: Report

The Department of Telecom (DoT) will soon issue a notice to Reliance Jio, Telenor, Tata Teleservices, and two more telecom operators to recover the understated revenues of Rs 2,578 crore. Comptroller and Auditor General of India (CAG) on December 19 red-flagged five telcos on the understatement of revenues. "The DoT will raise the demand of Rs. 2,578 crore from the five telecom operators as was mentioned by the CAG in... Read More

December 19th, 2017 10:14 PM 28 COMMENTS

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. These five telecom operators have understated the revenues by over Rs 14,800 crores, which... Read More

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