CAG asks DoT to Re­ply by June on Tele Cir­cle Merg­ers

The Economic Times - - Companies -

The Comp­trol­ler and Au­di­tor Gen­eral has asked DoT to re­ply to its draft re­port wherein it was al­leged that Chen­nai and Tamil Nadu ser­vice ar­eas were “haste­fully” merged re­sult­ing in “un­due ben­e­fit” of .` 2,400 crore to Air­tel and Air­cel. In its draft re­port CAG on ‘Hasty Merger of Chen­nai metro and Tamil Nadu tele­com cir­cles’ CAG al­leged that the merger re­sulted in “un­due ben­e­fits” to tele­com oper­a­tors and de­nied sim­i­lar fa­cil­i­ties to crores of sub­scribers in three ma­jor states. The govern­ment au­di­tor on May 9 said “if DoT has any com­ments, then those com­ments should be in­formed within 6 weeks”.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.