DoT Ordered Special Audits for 4 Indian Telecom Companies

The Department of Telecommunications has ordered special financial audits for four major cellcos of India to check the accuracy in reports of these leading telecom companies. The four companies that are under the scanner of DoT are:

• Bharti Airtel
• TATA Teleservices Ltd.
• Vodafone-Essar Ltd.
• Idea Cellular Ltd.

This special audits has been ordered keeping in mind the interests of its customers, share holders and other third parties investing money or relating to these companies. Also, on a side note experts say, this step may be initiated to confirm that the revenue sharing model with government agencies is good amongst the above listed 4 companies.

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