As per the report of the Comptroller and Auditor General of India (CAG) tabled in Parliament on December 19, Tata Teleservices, Telenor, Videocon Telecom, Qaudrant (a Videocon Group firm) and Reliance Jio have understated revenues by over Rs 14,800 crore, resulting in a shortfall of nearly Rs 2,578 crore to the exchequer.
The CAG report said the government was paid Rs 1,015.17 crore less in licence fee, Rs 511.53 crore less in spectrum usage charge, and Rs 1,052.13 crore less as interest applicable on delay in payment. The government collection from Tata Teleservices is short by Rs 1,893.6 crore, Telenor - Rs 603.75 crore, Videocon - Rs 48.08 crore, Quadrant - Rs 26.62 crore and Jio - Rs 6.78 crore for licence fee, spectrum usage charge (SUC) and applicable interest charges.
"The notices are expected to be sent to telecom operators in January," the source added. The CAG findings are based on the audit of Tata Teleservices and Tata Teleservices (Maharashtra) Ltd from 2010-11 to 2014-15; Quadrant Televentures (2006-07 to 2014- 15); Videocon Telecom (2009-10 to 2014-15); Telenor (2009-10 to 2014-15) and Reliance Jio Infocomm from 2012-13 to 2014-15.
Videocon Telecom, Telenor (Telewings) and Tata Teleservices have sold their mobile businesses to Bharti Airtel, while Quadrant has shut down its mobile services. CAG observed that telecom operators deducted discounts offered to dealers and customers; free talktime; interest earned from investments and some asset sales from their gross revenue.
The auditor found that Tata Teleservices had written off bad debt that resulted in understatement of its gross revenue by Rs 1,026.01 crore. Unitech Wireless transferred its mobile business to Telenor's Indian arm Telewing Communications at a profit of Rs 251.5 crore in 2013-14, but this profit was not included for computing revenue share with government. Most of the deductions considered by the CAG for computing of revenue of telecom operators are sub-judice matters.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.