Friday, 27 September 2013

CAG wants DoT to slap fine of Rs 725 cr on Bharti Airtel

The national auditor has asked the telecom department (DoT) to charge Bharti a sum of about Rs 725 crore for using third generation airwaves in the circles where it didn't buy any, an internal document reviewed by ET showed.

In a communication to the DoT on Sept. 19, a unit of the Comptroller & Auditor General (CAG), has said that Bharti Airtel must pay up 521.33 crore as a proportionate amount of the auction price for the airwaves in the circles of Kerala, Maharashtra, UP(East), Kolkata, Madhya Pradesh, Gujarat and Haryana.

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