Epic Research Update : Bharti Airtel

Bharti Airtel has acquired 115.0 MHz spectrum for a total consideration of Rs 18,530 crore in the just concluded spectrum auction conducted by the Government of India. The company will make an upfront payment of Rs 5,425 crore, with the balance to be paid in ten annual installments of Rs 1,310 crore each, commencing two years from now.

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