Bharti Airtel prepays Rs 8,815 crore towards dues

TIL Desk/Business/New Delhi/ Telecom operator Bharti Airtel on Friday said it has paid Rs 8,815 crore to the government towards part prepayment of deferred liabilities pertaining to spectrum acquired in the 2015 auction.

 The prepayment is for instalments due in FY2027 and FY2028, the Sunil Mittal-led telco said in a statement. “Airtel prepays Rs 8,815 crore to clear deferred liabilities for spectrum acquired in 2015,” the company said.

 Over the last four months, Airtel has cleared Rs 24,334 crore of its deferred spectrum liabilities ahead of schedule.