New Delhi: Telecom regulator TRAI has started review of accounting reporting system of operators on concerns over products and network licences, among others, raised by the industry. "The Telecom Regulatory Authority of India is in the process of reviewing the Reporting System on Accounting Separation Regulations, 2012," TRAI said in a release on April 6.
The Accounting Separation Regulations, 2012, are intended to collect such financial data from telecom operators that would enable a meaningful analysis of the financial performance of different telecom products and services, costs, returns and capital employed. It also seeks data to identify cross subsidisation, investigate predatory pricing and understand telecom operators pricing and arrangement.
TRAI said telecom operators have raised concerns including those related to products and network elements under various telecom licensed services, financial and non-financial performance and periodicity of submission of reports. Telecom operators have also expressed concerns on requirements relating to adoption of accounting separation reports by company's board and audit. The regulator has invited views of people interested in the subject by April 22.
