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Airtel prepays Rs 8,465 crore to telecom department
India's Bharti Airtel pays $1 billion to partly clear 2016 spectrum dues
Bharti Airtel has made an early payment of 84.65 billion rupees ($1.01 billion) to the Indian government, partially settling its outstanding spectrum fees from a 2016 auction, the telecom carrier announced on Monday.
Bharti Airtel Prepays ₹8,465 Cr To Clear Spectrum Liabilities
Bharti Airtel has made a strategic financial move by prepaying ₹8,465 crore to the Department of Telecom, thereby clearing high-cost deferred liabilities for spectrum acquired in 2016. What Happened: As per a press release on September 30,
Airtel prepays Rs 8,465 crore to telecom department against spectrum acquired in 2016
Telecom operator Bharti Airtel on Monday said it has prepaid Rs 8,465 crore to the government against spectrum it acquired in 2016. These liabilities carried an interest rate of 9.3 per cent, the company said in a statement.
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Airtel prepays ₹8,465 crore for spectrum bought in 2016
Earlier in the year, Airtel prepaid ₹8,325 crore to the government to clear part of its deferred liabilities for the spectrum ...
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India's Bharti Airtel pays $1 bln to partly clear 2016 spectrum dues
Bharti Airtel has made an early payment of 84.65 billion rupees ($1.01 billion) to the Indian government, partially settling ...
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