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Airtel prepays Rs. 8,325 crores to clear high cost deferred liabilities for spectrum acquired in 2015

by VARINDIA 2024-01-23
Airtel prepays Rs. 8,325 crores to clear high cost deferred liabilities for spectrum acquired in 2015

Bharti Airtel (“Airtel”), one of India’s leading telecommunications service providers, today said that it has prepaid Rs. 8,325 crores to the Department of Telecom (Government of India) towards part prepayment of the deferred liabilities pertaining to spectrum acquired in auction of year 2015 which were at an interest cost of 10%.

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