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Fitch retains Bharti Airtel’s ratings at ‘BBB-’

27 Jun 2018 Evaluate

International rating agency, Fitch has retained its ratings on Bharti Airtel at ‘BBB-’ along with a stable outlook, citing the unlikelihood of a further drop in tariffs coupled with its rising non-telecom revenue streams.

The agency has a 'BBB-' ratings on Bharti’s long-term foreign-currency issuer default rating (IDR) and senior unsecured rating along with a ‘BBB-‘ ratings on the bonds issued by its subsidiary Bharti Airtel International Netherlands.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Peers
Company Name CMP
Bharti Airtel 1817.00
Vodafone Idea 14.26
Indus Towers 381.50
Tata Communications 1693.20
Railtel Corp. India 263.70
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