Auditor submits report on Vodafone

The government-appointed auditor to examine the books of country's second largest mobile operator Vodafone Essar submitted on Friday its report to the department of telecommunicatins.

A company spokesperson said Vodafone has received a copy of the report submitted to the DoT and said the company's accounts are in line with statutory standards set by telecom tribunal Telecom Disputes Settlement And Appellate Tribunal.

Sources said the auditors have put some licence fee liability on different heads. However, the company feels these are covered under the definition of licence fee as decided by TDSAT.

The DoT had last year ordered audits on telecom companies Bharti Airtel, Vodafone Essar Ltd, Idea Cellular Ltd and Tata Teleservices and Reliance Communications after the sectoral regulator Telecom Regulatory Authority of India's  said the accounts should be audited every 3-5 years.

The auditors have already submitted reports on RCOM and Bharti.