Bharti Airtel stocks gain as telco opts for 4-year moratorium
Mon, Oct 25, 2021 12:49 PM

Bharti Airtel stocks gain as telco opts for 4-year moratorium

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Bharti Airtel stocks gained on Monday as it opted for a four-year moratorium on adjusted gross revenue (AGR) and spectrum payments. Bharti Airtel became the second telco in India after Vodafone Idea to defer its spectrum payments so far. The government had till October 29 given operators time to respond on whether they would opt for the four-year payment moratorium.

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