Bharti Spectrum Purchase
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Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
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Airtel Shares Surge After Advance Payments to DoT for 5G Spectrum Purchase
Airtel share price surged on Thursday after the company made advance payments for 5G spectrum purchase. The scrip touched a high of Rs 735.70 in the intra-day. The company has paid Rs. 8,312.4 crore to the Department of Telecom towards dues for spectrum acquired in the recently concluded 5G auctions.
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Airtel Pays Rs. 8,312 Crore to DoT as Advance Instalment for Recently Purchased 5G Spectrum
Airtel has paid Rs. 8,3 crore to the Department of Telecom (DoT) towards dues for spectrum acquired in the recently concluded 5G auctions. With the payment, Airtel has paid four years of 2022 spectrum dues upfront. The company had an option to pay Rs. 3.8 crore upfront and the rest in 19 annual instalments.
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5G Spectrum Auction: Reliance Jio Becomes Top Spender; Airtel, Vodafone Idea and Adani in Close Competition
Reliance Jio emerged as the biggest spender in India's 5G spectrum auction, winning airwaves worth $11 billion (nearly Rs. 87,000 crore). Meanwhile, Airtel and Vodafone won spectrum worth $5.4 billion (nearly Rs. 43,000 crore) and $2.4 billion (nearly Rs. 19,000 crore). Meanwhile, Adani purchased airwaves worth nearly $27 million (nearly Rs. 215 cr...
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Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
-
Airtel Shares Surge After Advance Payments to DoT for 5G Spectrum Purchase
Airtel share price surged on Thursday after the company made advance payments for 5G spectrum purchase. The scrip touched a high of Rs 735.70 in the intra-day. The company has paid Rs. 8,312.4 crore to the Department of Telecom towards dues for spectrum acquired in the recently concluded 5G auctions.
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Airtel Pays Rs. 8,312 Crore to DoT as Advance Instalment for Recently Purchased 5G Spectrum
Airtel has paid Rs. 8,3 crore to the Department of Telecom (DoT) towards dues for spectrum acquired in the recently concluded 5G auctions. With the payment, Airtel has paid four years of 2022 spectrum dues upfront. The company had an option to pay Rs. 3.8 crore upfront and the rest in 19 annual instalments.
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5G Spectrum Auction: Reliance Jio Becomes Top Spender; Airtel, Vodafone Idea and Adani in Close Competition
Reliance Jio emerged as the biggest spender in India's 5G spectrum auction, winning airwaves worth $11 billion (nearly Rs. 87,000 crore). Meanwhile, Airtel and Vodafone won spectrum worth $5.4 billion (nearly Rs. 43,000 crore) and $2.4 billion (nearly Rs. 19,000 crore). Meanwhile, Adani purchased airwaves worth nearly $27 million (nearly Rs. 215 cr...
