New Delhi, March 26 -- Telecom company Bharti Airtel Ltd and its subsidiary Bharti Hexacom Ltd have prepaid additional Rs 5,985 crore to the Department of Telecom, thereby fully prepaying the high-cost interest liabilities of 8.65 per cent pertaining to the 2024 auctions, the company said in a release on Wednesday.

Airtel's subsidiary Network i2i Ltd. has also voluntarily called and redeemed USD 1 billion in Perpetual Notes, the company. said.

Airtel continues to prepay its high-cost spectrum liabilities, lowering its debt and cost of debt, underscoring its commitment to financial prudence, operational efficiency, and its strong capital position, the company said.

The release added that the Airtel has now prepaid Rs. 25,981 crores of h...