Tata Teleservices today claimed that the government appointed auditors looking into its books, had found nothing wrong in the company’s accounts.

“We are delighted with the special auditors’ validation that all payments and dues, including license fees and spectrum charges have been paid by TTSL, as per the license conditions and the applicable ruling of the telecom tribunal TDSAT,” the company’s Legal and Regulatory Affairs Head Madhav Joshi said.

“The findings of the audit are testimony to professional management and high standards of professional integrity followed by the company, both in terms of conducting business and our accounting and internal audit processes”,he said.

The Department of Telecom (DoT) had appointed special auditors to look into the books of leading telecom firms including Bharti Airtel, Vodafone Essar, Idea, RCom and TTSL to check if there was any misreporting of revenue causing loss to the exchequer.

Source: PTI

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