India’s Bharti Airtel prepays 79.04 billion rupees to clear spectrum dues

BENGALURU (Reuters) – Bharti Airtel said on Friday it had prepaid 79.04 billion Indian rupees ($946.41 million) to the Indian government’s telecom department, clearing all high-cost deferred liabilities related to spectrum acquired in the auction in 2012 and 2015.

($1 = 83.5160 Indian rupees)

(Reporting by Sethuraman NR in Bengaluru; Editing by Anil D’Silva)

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