Bharti Airtel Pays  Billion to Partly Clear 2016 Spectrum Dues

Bharti Airtel Pays $1 Billion to Partly Clear 2016 Spectrum Dues

Bharti Airtel has made an early payment of 84.65 billion rupees ($1.01 billion) to the Indian government, partially settling its outstanding spectrum fees from a 2016 auction, the telecom carrier announced on Monday. This is the first payment the country’s second-largest telecom operator is making for the phone spectrum it…