Airtel Pays Rs 8312 4 Crore As Upfront Spectrum Payment For 4 Years To Dot
Bharti Airtel has just announced that it paid Rs 8312.4 crore to the Department of Telecommunications (DoT) as the spectrum payment for the recently concluded 5G auctions. To recall, Airtel purchased spectrum worth Rs 43,084 crore in several frequency bands. The telco has paid an additional amount as an upfront payment to the DoT. The amount is for the next four years. This shows the great cash flow position Airtel has....