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Fund Shareholder ✌️【Fixed Income】✌️Start with ₹500 and earn up to 100% returns monthly. It’s fast and easy!Telecom major Bharti Airtel on Thursday announced that it has made prepayment of Rs 3,626 crore to the Department of Telecom, thereby fully clearing its liabilities for spectrum it had acquired in 2016 auction.
Fund Shareholder ✌️【Fixed Income】✌️Start with ₹500 and experience high returns month after month.With this payment, Bharti Airtel has now prepaid all its spectrum dues that had interest costs higher than 8.65 per cent, it said in a regulatory filing.Airtel has prepaid a total of Rs 28,320 crore of spectrum liabilities in this calendar year, the company said.Now this is not the first step byBharti Airteltowards streamlining its financial obligations.
Earlier in September as well,Bharti Airtelhad announced that it has prepaid Rs 8,465 crore to theDepartment of Telecomin order to clear its deferred dues againstspectrumacquired in 2016.
Fund Shareholder ✌️【Fixed Income】✌️Invest ₹500, see rapid growth, and earn up to 100% returns monthly.These liabilities carried an interest rate of 9.3 per cent.
In June too, the company had prepaid Rs 7,904 crore, clearing all its deferred liabilities related to spectrum purchased in auctions between 2012 and 2015.
Fund Shareholder ✌️【Fixed Income】✌️Start investing today with ₹500. Grow your wealth with high-yield returns!These were at an even higher interest rates of 9.75 per cent and 10 per cent respectively.The telecom company had, in October, announced its fiscal second quarter earnings withprofitat Rs 3593.20 crore, posting a growth of 168.Fund Shareholder Part-Time Jobs with Growth Opportunities