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Airtel seeks conversion of spectrum dues into equity
The New Indian Express Thiruvananthapuram
|April 25, 2025
AFTER Vodafone Idea, Bharti Airtel has approached the government for conversion of its deferred spectrum dues into equity.
The telecom giant has emphasised the need for a level playing field in the implementation of the 2021 telecom reforms package and has called for equitable treatment of all operators, particularly with regard to government relief on statutory dues.
According to reports citing sources, Airtel has also requested the adjustment of excess payments made in earlier years. This move follows the government's decision to convert Vodafone Idea's spectrum dues worth ₹36,950 crore into equity, raising its stake in the company to nearly 49% as of March 30.
This story is from the April 25, 2025 edition of The New Indian Express Thiruvananthapuram.
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