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.)

Experts Urge Strategic Rethink as Indus Water Treaty Remains in Abeyance

Centre mandates CEA nod for large hydropower projects, exempts closed-loop pumped storage

Goyal asks plantation sectors to take FTA benefits to boost exports

Highway toll operators to get compensation for 3 months for loss due to FASTag annual pass

UPSIDA, CEL ink agreement to focus on solar energy, EV charging