Bharti Airtel prepays ₹3,626 crores to clear all liabilities for spectrum acquired in 2016 

Bharti Airtel has prepaid ₹3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday (December 19, 2024).

With this payment, Bharti Airtel has now prepaid all its spectrum dues that had interest costs higher than 8.65%, the company said in a statement.

"Bharti Airtel has prepaid ₹3,626 crore to the Department of Telecom (Government of India) clearing all its liabilities for spectrum it had acquired in 2016," the statement said.

Airtel has prepaid a total of ₹28,320 crore of spectrum liabilities this calendar year, the company said.