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Bharti Airtel prepays Rs 5,985 crore of high-cost spectrum liabilities and voluntarily redeems USD 1 billion in perpetual debt securities
New Delhi, March 26: Telecom company Bharti Airtel Ltd and its subsidiary Bharti Hexacom Ltd have prepaid additional Rs 5,985 crore to the Department of Telecom, thereby fully prepaying the high-cost interest liabilities of 8.65 per cent pertaining to the 2024 auctions, the company said in a release on Wednesday.
Bharti Airtel prepays additional Rs 5,985 crore of high-cost spectrum liabilities to govt
New Delhi, March 26: Bharti Airtel on Wednesday said it (along with its subsidiary Bharti Hexacom Ltd) has prepaid an additional Rs 5,985 crore to the Department of Telecom, thereby fully prepaying the high-cost interest liabilities of 8.65 per cent pertaining to the 2024 auctions.