Govt to conduct special audit of telco firms
The Centre will conduct a special audit of telecom companies, including Bharti Airtel, Vodafone, Reliance Communications and Idea Cellular, for 2008-09 to 2010-11, Telecom Minister Ravi Shankar Prasad said on Friday. This comes after the Comptroller and Auditor General earlier said that the government lost ₹12,489 crore as six telecom firms understated their revenue from 2006-07 to 2009-10.