News > Reliance Jio prepays deferred liabilities worth nearly Rs 31,000 crore

Reliance Jio prepays deferred liabilities worth nearly Rs 31,000 crore

Reliance Jio today said it has prepaid its entire deferred liability worth Rs 30,791 crore (including accrued interest) to DoT. In addition to this, Jio had also acquired 585.3 MHz spectrum from Bharti Airtel last year.

With this payout, Reliance Jio has now prepaid the entire deferred liabilities for spectrum acquired in 2014-2015 through trading.