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The Times of India
The Times of India
Business
PTI

RJIL pays Rs 30,791 crore for all spectrum acquired before March 2021

NEW DELHI: Telecom 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.

"Reliance Jio Infocomm (RJIL)... has paid Rs 30,791 crore (including accrued interest) to the Department of Telecom towards prepayment of the entire deferred liabilities pertaining to spectrum acquired in auctions of year 2014, 2015, 2016 and the spectrum acquired in year 2021 through trading of right to use with Bharti Airtel," the company said in a statement.

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