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India's Bharti Airtel prepays 79.04 billion rupees to clear spectrum dues

A man walks across a board showing the logo of Airtel at the ongoing India Mobile Congress 2022, at Pragati Maidan, in New Delhi

BENGALURU (Reuters) - Bharti Airtel said on Friday it had prepaid 79.04 billion Indian rupees ($946.41 million) to the Indian government's telecom department, clearing all high-cost deferred liabilities related to spectrum acquired in the auction in 2012 and 2015.

($1 = 83.5160 Indian rupees)

(Reporting by Sethuraman NR in Bengaluru; Editing by Anil D'Silva)