Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Another Airtel subsidiary, Network i2i, also redeemed $1 billion (roughly Rs. 8,556 crore) in perpetual debt securities - a debt instrument with no fixed maturity date - reducing the company's ...
Mobile World Live4d
Airtel cuts debt cost with $698M payment
Bharti Airtel made an additional payment of INR59.9 billion ($697.5 million) to the Department of Telecom (DoT), fully paying off its high-cost interest liabilities related to the purchase of spectrum ...
Reuters5d
India's Bharti Airtel, unit pay 60 billion rupees to clear 'high-cost' 2024 spectrum dues
March 26 (Reuters) - India's Bharti Airtel (BRTI.NS), opens new ... Sign up here. The latest payment has trimmed Airtel's debt pile related to spectrum to 520 billion rupees, bringing down the ...
Bharti Airtel prepaids Rs 5,985 crore to DoT, reduces spectrum debt and interest costs
Bharti Airtel and its unit Bharti Hexacom have prepaid Rs 5,985 crore to clear high-cost debt from the 2024 auctions.
The Financial Express18d
Bharti Airtel transfers 69.94% stake in Airtel Payments Bank to subsidiary as part of internal re-organization
Bharti Airtel transferred 69.94 per cent shareholding in Airtel Payments Bank to Airtel Limited. Image: Twitter Telecom major Bharti Airtel announced that it has transferred 69.94 per cent ...
Mint18d
Bharti Airtel Restructuring: Telecom major transfers majority stake in Airtel Payments Bank to THIS firm
"The shareholding of 69.94 per cent, held by Bharti Airtel Limited in Airtel Payments Bank Limited, is being transferred to the Company's wholly-owned subsidiary (i.e. Airtel Limited), post ...
Developing Telecoms3d
Bharti Airtel repays $697 million high-interest spectrum loan
Bharti Airtel paid INR59.85 billion ($697.5 million) to India’s Department of Telecom to fully repay a high-interest loan ...