Airtel prepays Rs 8,815 crore towards spectrum dues linked to 2015 auction - Economic Times

Over the past four months, Bharti Airtel has cleared Rs 24,334 crore of its deferred spectrum liabilities ahead of scheduled maturities. These liabilities, the telco said, carried an interest rate of 10% and have been paid off through a combination of strong …

Bharti Airtel has prepaid Rs 8,815 crore to the telecom department, clearing a sizable chunk of dues relating to airwaves bought in the 2015 sale. The move is likely to result in sizable interest cos… [+1249 chars]

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