---
title: Airtel forks out $1 billion to pay spectrum dues - Developing Telecoms
description: Indian operator Bharti Airtel paid INR84.65 billion (US$1 billion) towards its debt for spectrum acquired in the 2016 auction, weeks after the supreme court threw out operator pleas to readjust their dues.
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 [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)## Airtel forks out $1 billion to pay spectrum dues

 

 

   Details    Manny Pham    Category: [Operators](https://developingtelecoms.com/telecom-business/operator-news.html)     01 October 2024     17099 views   

 

  ![Airtel forks out $1 billion to pay spectrum dues](https://developingtelecoms.com/images/stories/Places/800x600/IndiaStreet-600x450.jpg)  

 

Indian operator Bharti Airtel paid INR84.65 billion (US$1 billion) towards its debt for spectrum acquired in the 2016 auction, weeks after the supreme court threw out operator pleas to readjust their dues.

The operator acquired the spectrum for US$2.13 billion and did not state how much it owes after the figure above is deducted. It did state that it paid the money at an interest rate of 9.6%. The company had fully repaid its 2012 and 2015 spectrum fees during Q1.

Last month the [Indian Supreme Court rejected operator bids to reduce their total dues](https://developingtelecoms.com/telecom-business/telecom-regulation/17337-what-next-for-vodafone-idea-after-supreme-court-reversal.html) for spectrum in the 2016 auction. Vodafone Idea argued the government’s adjusted gross revenue (AGR) method to collect spectrum dues was inaccurate and demanded a recalculation.

 

 

   
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