Bharti hails audit reports from Indian govt

www.WirelessFederation.com/news: The findings of the government-appointed special auditor have been welcomed by Bharti Airtel. According to the operator, the audit showed that the license fees and spectrum charges paid by the company conform to the license conditions and rulings of the regulator.

However, the Department of Telecommunications (DoT) has got an option to claim Rs 98 crore from the company as additional license fee and spectrum charges because of the reports. The amount is the likely license fee impact on distributor margin.

However, it has not been specified in the 306-page audit report, which was submitted last week to the government whether Bharti is liable to pay this amount and has left it to DoT to take a final view on the issue.

However, it has been categorized that Bharti will not need to make any additional payment. According to company spokesman, based on specific request from DoT, the auditors have done their own estimates of the likely license fee impact on distributor margin and there is no liability whatsoever on this account as the company has paid license fees on actual realized revenues.