INSUBCONTINENT EXCLUSIVE:
30,791 crore, including accrued interest, to the Department of Telecom to clear the entire spectrum payments liabilities that the company
said."Reliance Jio Infocomm (RJIL)..
with Bharti Airtel," the company said in a statement.The company had acquired 585.3 MHz spectrum through these auctions and trading."The
rates," the statement said.Reliance Jio has cleared all dues even after government has given options to telecom operator of availing four
9.30 to 10 per cent per annum with an average residual period of more than seven years.Bharti Airtel last month paid Rs 15,519 crore to the
Department of Telecom towards prepayment of the entire deferred liabilities pertaining to spectrum acquired in auction of year 2014.(Except
for the headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
