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Airtel Prepays Rs. 7,904 Cr To Clear High Cost Deferred Liabilities For Spectrum Acquired In 2012 , 2015

KH Business Desk by KH Business Desk
July 3, 2024
in Business
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Srinagar: Bharti Airtel (“Airtel”), one of India’s leading telecommunications service providers, today said that it has prepaid Rs. 7,904 crores to the Department of Telecom (Government of India). With this, the Company has fully prepaid all deferred liabilities pertaining to spectrum acquired in auction of the year 2012 and 2015 which were at the highest interest cost of 9.75% and 10% respectively.

KH Business Desk

KH Business Desk

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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