Bharti Airtel has paid Rs 8312.4 crore to the Department of Telecom (DoT) towards dues for spectrum acquired in the recently concluded 5G auctions. The company has paid 4 years of 2022 spectrum dues upfront. This upfront payment coupled with the moratorium on spectrum dues and AGR related payments for four years will free up future cash flows and allow Airtel to dedicate resources to single-mindedly concentrate on the 5G roll out. Over last one year, Airtel has also cleared Rs 24,333.7 crores of its deferred spectrum liabilities much ahead of scheduled maturities.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
