Airtel paid spectrum dues of Rs 8,000 crore for spectrum won in 2015 auction
[ad_1]
copy photo
google creative common
Bharti Airtel has paid Rs 8,024 crore to the Department of Telecommunications (Government of India) as deferred liabilities relating to spectrum won in the 2015 auction, the company said in a statement.
New Delhi. Telecom company Airtel has paid Rs 8,024 crore to the Department of Telecom (DoT) as part of its dues for spectrum won in the 2015 auction. The company gave this information on Monday. The Sunil Mittal-led telecom company said that the said installments were paid along with 10 per cent interest.
Bharti Airtel has paid Rs 8,024 crore to the Department of Telecommunications (Government of India) as deferred liabilities relating to spectrum won in the 2015 auction, the company said in a statement. Airtel said it is focusing on financial flexibility through its capital structure, which includes optimizing the cost of funding.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
other news
[ad_2]
Source link
