[ad_1]
Telecom agency Bharti Airtel Ltd on Monday mentioned that it has pay as you go Rs 8,024 crore to the Division of Telecom in the direction of half prepayment of deferred liabilities pertaining to spectrum acquired in public sale of 12 months 2015.
The mentioned instalments had an rate of interest of 10% and have been pay as you go by Airtel, leveraging a lot decrease price financing accessible to it. “Airtel continues to get pleasure from entry to a well-diversified sources of capital / financing, permitting it to have enhanced monetary flexibility in its capital construction together with optimised price of financing utilizing all alternatives for important curiosity financial savings, like this prepayment,” mentioned the telco.
At 1355 hours, Bharti Airtel’s scrip on BSE was buying and selling 0.7% decrease at Rs 888.5.
[ad_2]
Source link
