Disputing CAG's allegations of telecom operators forming cartels during recent spectrum auctions, Vodafone India on Wednesday said if all the players in the industry did not participate than it cannot be termed as cartelisation.
"How can there be a cartel of 12 playersIJ If 12 operators did not participate in the auction then it is an industry view not cartelisation," Vodafone India MD and CEO Marten Pieters told the news agency.
DG (Audit) Post and Telecommunications, a unit of Comptroller and Auditor General (CAG) in its report to Department of Telecom has said cartelisation by telecom firms in the last two auctions had resulted in spectrum valued at thousands of crores being wasted.