Airtel pays off ₹3,626 crore spectrum dues to Telecom Dept. for purchases in 2016

Telecom major Bharti Airtel Ltd. announced on Thursday, December 19, that the company has paid off ₹3,626 crore in dues, which it owed to the Department of Telecom for the spectrums it acquired in 2016, according to an official statement.

In the exchange filing, Bharti Airtel said that “it has prepaid ₹3,626 crores to the Department of Telecom (Government of India) clearing all its liabilities for spectrum it had acquired in 2016.”