Bharti Airtel prepays ₹3,626 crore spectrum purchase dues to govt
The New Indian Express Thrissur|December 20, 2024
TELECOM service provider Bharti Airtel has made a pre-payment of ₹3,626 crore to the government for the spectrum it purchased in 2016.
ENS ECONOMIC BUREAU @ New Delhi

This payment is part of Airtel's efforts to clear its spectrum dues with high interest costs. With this payment, Airtel has now prepaid all its spectrum liabilities with interest costs higher than 8.65%.

This year, the company has prepaid a total of ₹28,320 crore of spectrum liabilities.

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