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Bharti Airtel<\/a> share price surged 1.59 per cent to close at Rs 733.25 on the BSE on Thursday. The scrip touched a high of Rs 735.70 in the intra-day.
Bharti Airtel share price has gained 4.5 per cent in the past two trading sessions.
The company's shares rose sharply after it made advance payments for the 5G<\/a> spectrum. Bharti Airtel on Wednesday said it has paid Rs 8,312.4 crore to the Department of Telecom<\/a> (Government of India) towards dues for spectrum acquired in the recently concluded 5G auctions.
Airtel has paid 4 years of 2022 spectrum dues<\/a> upfront. The Company believes that this upfront payment coupled with the moratorium on spectrum dues and AGR related payments for four years will free up future cash flows and allow Airtel to dedicate resources to single-mindedly concentrate on the 5G rollout.
Over the last year, Airtel has also cleared Rs 24,333.7 crore of its deferred spectrum liabilities much ahead of scheduled maturities.
The government announced that the telecom operator has been allocated the spectrum within a few hours of making the payments.
Bharti Enterprises Chairman Sunil Bharti Mittal<\/a> praised the government for a quick 5G spectrum allocation. \"No fuss, no follow up, no running around the corridors and no tall claims. This is ease of doing business at work in its full glory. In my over 30 years of first-hand experience with the DoT<\/a> (Department of Telecommunications<\/a>), this is a first! Business as it should be,\" Mittal said in a statement.
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Bharti Airtel激增后提前支付5 g频谱
Bharti Airtel股价飙升1.59%,收于733.25卢比周四疯牛病。的代币触及日内高位735.70卢比。
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Bharti附近的旅馆股价飙升1.59%,收于733.25卢比周四疯牛病。的代币触及日内高位735.70卢比。
Bharti Airtel公司股价在过去两个交易日上涨了4.5%。
该公司股价大幅上涨后,提前支付的5克光谱。Bharti Airtel周三表示,已支付8312。4卢比电信部门(印度政府)对费5 g频谱在最近结束拍卖。
Airtel支付2022年4年频谱费前期。公司相信这前期付款加上暂停频谱费和AGR相关支付四年将释放未来现金流和允许Airtel奉献资源来一心一意地专注于5 g推出。
在过去的一年,旅馆也清理了24333 .7卢比的递延频谱负债之前预定的期限。
政府宣布,电信运营商已分配频谱的几小时内付款。
Bharti企业董事长苏尼尔•巴帝•米塔尔赞扬了政府快速5 g频谱分配。“不麻烦,不跟进,没有走廊跑来跑去,没有高要求。这是经商在其全部的荣耀。在我30年的第一手经验点(电信部),这是第一次!应该是生意,”米塔尔在一份声明中说。
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