Bharti Airtel prepays Rs 3,626 crore to DoT, clears 2016 spectrum auction dues

Kolkata: Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecommunications (DoT), clearing all liabilities relating to airwaves bought in the 2016 auction. This will help India’s second-largest telco save on interest costs annually and boost cash flows as it rapidly expands its countrywide 5G network and ramps up 4G rural coverage.