InvestorQ : Has Bharti Airtel also opted for the moratorium after Vodafone Idea?
Mitali Bhutta made post

Has Bharti Airtel also opted for the moratorium after Vodafone Idea?

Answer
image
2 months ago
Follow

Just a week after Vodafone Idea accepted the government’s 4 year moratorium offer, Bharti Airtel also accepted the moratorium for payment of AGR and spectrum dues. Airtel had to communicate the decision to DOT by 29th October. In addition, DOT has given 90 days to indicate if they want to convert the interest during moratorium period into equity. The moratorium period entails interest payment at 2% above the incremental base lending rate.

3 Views