Reliance Jio prepays Rs 30K cr of spectrum dues

Reliance Jio prepays Rs 30K cr of spectrum dues

Reliance Jio prepays Rs 30K cr of spectrum dues

New Delhi : Telecom operator Reliance Jio on Wednesday said it has paid Rs 30,791 crore, including accrued interest, to the Department of Telecom to clear the entire spectrum payments liabilities that the company acquired before March 2021 auctions.

The payments include the liabilities pertaining to the spectrum acquired in auctions of year 2014, 2015, 2016, and the spectrum acquired in the year 2021 through trading of right to use with Bharti Airtel Limited, the company said. — PTI