Airtel prepays Rs 8,465 crore to DoT against spectrum acquired in 2016 
Corporate Watch

Airtel prepays Rs 8,465 crore to DoT against spectrum acquired in 2016

Bharti Airtel on Monday said it has prepaid Rs 8,465 crore to the government against spectrum it acquired in 2016

PTI

New Delhi: Telecom operator Bharti Airtel on Monday said it has prepaid Rs 8,465 crore to the government against spectrum it acquired in 2016.

These liabilities carried an interest rate of 9.3 per cent, the company said in a statement.

PSU Watch is now on Whatsapp Channels. Click here to join

"Bharti Airtel, one of India's leading telecommunications service providers, today said that it has prepaid Rs 8,465 crore to the Department of Telecom (Government of India) against spectrum acquired in 2016," the statement said.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Also Read

IIFCL in talks with ADB, Korean Exim Bank to raise $600 million

Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents

Govt invites job applications for PNGRB's Member post

Power Minister visits NHPC’s Nimoo Bazgo Power Station in Ladakh

Delegates from 18 countries attend RBI's policy conference of Global South central banks