In a significant development, Bharti Airtel has reportedly written to the government seeking the conversion of its spectrum dues, worth around ₹74,000 crore, into equity — a move similar to what was earlier granted to Vodafone Idea. According to sources, this request could provide Airtel with substantial cash flow relief.
Commenting on the situation, Sanjay Kapoor, Former CEO of Bharti Airtel, pointed out that if the government agrees to convert Airtel’s spectrum dues, it could open the door for Reliance Jio to make a similar request. Kapoor…
