Nirvana 4 Report post Posted January 17, 2007 Times News Network Wednesday, January 17, 2007 02:33:58 AM The Telecom Regulatory Authority of India (Trai) has issued a notification whereby the accounting separation reports of mobile operators will have to be put on the net for the public to view. Consumers will now be able to inspect the costs, revenues and profits of mobile operators under different heads of services including basic, roaming and other value-added services. A regulation regarding the separation of accounts, indicating various components of cost, revenue and profit under different heads of services, was passed by Trai in 2004. Now, these accounts will be open for public scrutiny as these will be available online. Trai chairman Nripendra Mishra told ET: “The separation of accounts of mobile operators had been regulated by Trai earlier. All operators submit half yearly reports elaborating on the itemised expenditure and revenue. Now we want to place the highlights of these accounts on the public domain.” While listed companies such as Reliance, Bharti, Hutch-Essar and BSNL, among others, make their accounts public under Sebi rules, the regulation is likely to bring several small mobile operators under the public eye. Consumers will be able to review their costs of providing a service and compare it with the price of the service. In the case of roaming charges, for instance, the regulator has been contesting that the cost of the service is far lower than the price being paid for the service. 1 Share this post Link to post Share on other sites
