Bharti Airtel prepaid significant spectrum liabilities, reducing its debt cost and showing financial prudence.

Indian telecom giant Bharti Airtel has prepaid an additional Rs 5,985 crore in high-cost spectrum liabilities to the Department of Telecom, bringing its total prepaid liabilities for the current fiscal year to Rs 25,981 crore. The company has also redeemed $1 billion in perpetual debt securities. These actions have lowered Airtel's cost of debt on spectrum liabilities to approximately 7.22% and cleared Rs 116,405 crore of scheduled instalments. This demonstrates Airtel's commitment to financial prudence and operational efficiency.