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Six telecom companies were subjected to recovery of Rs 12,489 cr

Telecom Minister Sinha said, six telecom companies including Vodafone, Reliance Communications and Bharti Airtel have been issued notices by the Department of Telecom for recovery of underpayment of license and spectrum usage charges of Rs 12,488.93 crore.

Again he stated to Rajya Sabha in written reply, “We have issued the demand-cum-show cause notices for license fee for the previous four financial years on the basis of CAG report and license agreement and extend orders of DoT.

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” The minister said, six private Telecom Companies service provider have been audited and submitted audit report by the Comptroller and Auditor General (CAG).

It was written on the report that Adjusted Gross Revenue (AGR) under-reported the amount of Rs 46,045.75 Crore of the period from 2006-07 to 2009-10 and this under-reporting direct to underpayment of LF/SUC, interest and penalty of Rs 12,488.93 crore.

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” The CAG report disclosed, Rs 3,728.54 crore of the Reliance Communications, Rs 3,215.39 crore of Tata Teleservices, Rs 2,651.89 crore of Airtel, Rs 1,665.39 crore of Vodafone, Rs 964.89 crore of Idea, Rs 262.83 crore of Aircel were affected financially because of understatement of AGR.

Government and telecom service providers (TSPs) on AGR and telecom companies service providers are standing against each other and interpreting the definition on their own way for their interest, Sinha said.

AGR computation must take only revenue under license is being contented by the TSPs. All-inclusive definition of AGR has in the Agreement of License.

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The minister said, “The considered judgement October 11,2011 of Hon’ble Apex Court has upheld the stand of government and the contained in the License Agreement is not be consonance by the contention of the TSPs.”


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Six telecom companies were subjected to recovery of Rs 12,489 cr


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