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

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


Bharti Airtel, a telecommunications service provider, on Tuesday in a communique said it has prepaid ₹8,325 crore to the Department of Telecom towards part prepayment of the deferred liabilities pertaining to spectrum acquired in auction of year 2015 which were at an interest cost of 10%.

Airtel currently has over 400 million customers in India and also has presence in 17 countries across South Asia and Africa.



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