Bharti Airtel aims to halve debt by March

NEW DELHI: Bharti Airtel aims to almost halve its debt to about ₹50,000 crore by March 2020, retaining mostly spectrum dues that are payable annually to the government, senior officials of the telco said.

“Given a choice on which debt to retire first, the company feels it is always better to retain the government debt even though it is a little more expensive, as the tenure of payment is longer,” one official told ET, asking not to be identified.