Indian telcos receive letter from DOT for audit

www.WirelessFederation.com/news: Letters have been issued to all the telecom companies by the Department of Telecom (DoT) for an audit by the Comptroller and Auditor General of India (CAG). Bharti Airtel, Reliance Communications and Vodafone, among others have been issued the notice for the CAG audit for the three financial years beginning 2006-07.

According to Vinod Rai, Comptroller and Auditor General, CAG is not in the process of immediately looking at the books but it is in the business of looking on telecom providers and operators etc. CAG is also auditing PPPs now and if there is a company which is participating with the public body and is using the government assets, CAG will be auditing them also

The move is considered to be significant as it comes after the special independent audit of telecom companies. It has been reported that Vodafone might submit the reports in a day or two.