Bharti Airtel prepays Rs. 3626 crores to clear all liabilities for spectrum acquired in 2016

Bharti Airtel said that it has prepaid Rs. 3,626 crores to the Department of Telecom (Government of India) clearing all its liabilities for spectrum it had acquired in 2016. With this, Airtel has now prepaid all its spectrum dues that had interest costs higher than 8.65%.

Airtel has prepaid a total of Rs 28,320 crores of spectrum liabilities in this calendar year.