Credit rating agency – Fitch Ratings has affirmed Bharti Airtel's long-term foreign currency Issuer Default Rating (IDR) and senior unsecured rating at 'BBB-'. The outlook on the IDR is negative. Fitch has also affirmed Bharti Airtel International (Netherlands) BV's senior unsecured guaranteed bonds at 'BBB-'.
The negative outlook does not reflect view of Bharti's underlying credit profile - which has been improving on strong growth in Indian and African wireless operations - but rather the heightened probability that India's (BBB-/Negative) Country Ceiling of 'BBB-' could be lowered to 'BB+'.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1840.65 |
| Vodafone Idea | 9.58 |
| Indus Towers | 404.75 |
| Tata Communications | 1581.60 |
| Bharti Hexacom Ltd. | 1558.25 |
| View more.. | |
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