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Stocks that will see action today: January 24, 2024 - The Hindu BusinessLine

Stocks that will see action today: January 24, 2024 - The Hindu BusinessLine
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Airtel prepays Rs 8325 crore to clear 2015 spectrum dues

The advanced payments will help Airtel save costs annually and boost cash flow ahead of the next round of spectrum auction, which is likely to happen within this fiscal year.

Uttar-pradesh , India , Odisha , Orissa , Bihar , Jammu , Jammu-and-kashmir , Bharti-airtel , Department-of-telecom-do , Airtel , Department-of-telecom-government-india , Sunil-mittal-led

Bharti Airtel surges on prepaying Rs 8,325 crore to Department of Telecom

Bharti Airtel surges on prepaying Rs 8,325 crore to Department of Telecom
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airtel: Airtel prepays Rs 8,325 cr to clear 2015 spectrum acquisition liabilities

The prepayment is directed towards addressing part of the deferred liabilities associated with the spectrum acquired in the auction of 2015. The liabilities carried an interest cost of 10 per cent, as disclosed by the company in an exchanges filing.

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Airtel | Airtel prepays Rs 8,325 crore to clear deferred liabilities for spectrum acquired in 2015

Bharti Airtel won spectrum worth Rs 29,129.08 crore in the auctions that were held in March 2015

Bharti-airtel , Department-of-telecom-government-india , Department-of-telecom , Airtel , Pectrum , Elecommunications ,

Airtel prepays Rs 8,325 crore to clear high cost deferred liabilities for spectrum

Airtel prepays Rs 8,325 crore to clear high cost deferred liabilities for spectrum
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Airtel prepays Rs. 8,325 crores to clear high cost deferred liabilities for spectrum acquired in 2015

Airtel prepays Rs. 8,325 crores to clear high cost deferred liabilities for spectrum acquired in 2015

Airtel , Department-of-telecom-government-india ,

Airtel prepays Rs 8,325 crore to partly clear 2015 spectrum dues

In March 2015, Bharti Airtel won spectrum worth Rs 29,129.08 crore in the auctions but had paid Rs 11,374.7 crore. The upfront amount due was Rs 7,832.20 crore.

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Bharti Airtel pays Rs 8,325 cr towards 2015 spectrum auction liabilities | Indiablooms - First Portal on Digital News Management

Mumbai: Telecom company Bharti Airtel on Tuesday said it has made a substantial financial move by making an advance payment of Rs 8,325 crores to the Department of Telecom (Government of India).

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Airtel | Airtel prepays Rs 8,325 crore to clear deferred liabilities for spectrum acquired in 2015

Bharti Airtel won spectrum worth Rs 29,129.08 crore in the auctions that were held in March 2015

Bharti-airtel , Department-of-telecom-government-india , Department-of-telecom ,