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Airtel prepays ₹5,985 crore, clears 2024 spectrum dues
Mint Mumbai
|March 27, 2025
Bharti Airtel Ltd, India's second largest telecom operator, on Wednesday said it has prepaid an additional ₹5,985 crore to the department of telecommunications (DoT), thereby clearing its bill for the spectrum it purchased in 2024.
The telecom operator had acquired spectrum worth ₹6,857 crore in the auction last year.
With this, the telecom operator has prepaid ₹25,981 crore of high-cost spectrum liabilities in fiscal year 2025 (FY25) towards the spectrum acquired in previous auctions. The company has cumulatively prepaid spectrum liabilities of ₹66,665 crore as on date, it said in a release.
Notably, Airtel has cleared all its spectrum liabilities barring spectrum acquired in 2021 and 2022.
Excluding the liability on adjusted gross revenue (AGR) front, Airtel has an outstanding spectrum liability of ₹52,000 crore, payable in annual instalments till FY 2042.
Dit verhaal komt uit de March 27, 2025-editie van Mint Mumbai.
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