India's Bharti Airtel, unit clear 2024 spectrum auction liabilities

Bharti Hexacom

26/03/2025 09:13

March 26 (Reuters) - India's Bharti Airtel BRTI.NS and its unit Bharti Hexacom BHAX.NS have prepaid 59.85 billion rupees ($698.20 million) to the government, fully clearing liabilities from the 2024 spectrum auctions with interest rates of 8.65%, the telecom company said on Wednesday.

($1 = 85.7200 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru; Editing by Janane Venkatraman)

 ((aleefjahan.cs@thomsonreuters.com))