Airtel pays Rs 3,626 crore to telecom department for spectrum purchased in 2016

Bharti Airtel said in a statement that with this payment, the company has now prepaid all spectrum charges with interest cost above 8.65%.

“Bharti Airtel has prepaid $Rs 3,626 crore has been allocated to the Ministry of Telecommunications (Government of India) to clear all liabilities for the spectrum it purchased in 2016. “The statement said.

Airtel prepaid total $The company said its spectrum liability this year is Rs 28,320 crore.