Airtel prepays ₹8,465 crore for spectrum bought in 2016

Earlier in the year, Airtel prepaid ₹8,325 crore to the government to clear part of its deferred liabilities for the spectrum it acquired in 2015. In the 2015 auctions, Airtel acquired 111.6 MHz of spectrum for ₹29,130.20 crore. It had paid ₹7,832.58 crore upfront as part of the rules at that time.