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Bharti Airtel gains 3% as Moody’s affirms Ba1 corporate rating"The outlook change to positive reflects Bharti's improving operating performance and credit metrics which, if sustained, could support an ...
Moody's changes Bharti Airtel's outlook to ‘positive’"The outlook change to positive reflects Bharti's improving operating performance and credit metrics which, if sustained, could support an ...
Moody's revises Bharti Airtel rating outlook to stable from negativeIt also considered options given to the company to make payment of pending adjusted gross revenue in instalments while revising the outlook.
Moody's downgrade ratings of RCom subsidiary GCXThe rating downgrade on GCX's corporate family rating to Ca from Caa1 follows the payment default on the company's USD 350 million 7 per ce...
Companies with hedges can endure 10% more fall in rupeeThe rupee fell on Monday to a historic low of Rupee 72.67 per dollar.
Rupee weakening credit negative for companies, but effects limited: Moody'sThe Indian rupee has depreciated 13 per cent so far in 2018 and has touched a historic low of Rs 72.32 to a dollar.
Moody's says may downgrade Airtel rating if margins dip furtherThe ratings are likely to be downgraded if heightened competition persists.
Telcom sector competition to remain intense over 12-18 mths: Moody'sBharti will take over Tata's mobile operations in 19 circles, including the transfer of all assets (including spectrum) and customers, on a...
Bharti Airtel tower stake sale credit positive: Moody’sThe global rating agency said stake sale in the tower arm would have no “immediate impact on Bharti’s Baa3 issuer and senior unsecured debt...
Moody's, Fitch slash RCom ratings again"Moody's Investors Service has downgraded RCom corporate family rating and senior secured bond rating to Ca from Caa1. The outlook is negat...
Moody's changes Bharti Airtel's outlook to negativeMoody's expects Airtel's consolidated adjusted Ebitda to contract around 5 per cent on-year, reflecting competitive pressures existent in t...
Moody's changes Bharti's outlook to negative, affirms Baa3 ratingsMoody's continues to expect intense competition over the next several quarters in the Indian telecoms sector, as operators implement plans ...
RCom shares slip after Moody's downgradeThe scrip has been the worst performer from the telecom pack, plunging 19 per cent in the past one month against 1.85 per cent and 0.85 per...
Spectrum auction wins may push Airtel's debt to $2 bn: Moody’sAirtel had won 173.8 MHz of spectrum across the 1800/2100/2300 MHz bands for an aggregated cost of around Rs 14,200 crore, or $2.1 billion.
Bharti Airtel's debt to rise by $2 billion on spectrum buys: Moody'sMoody's expects Bharti to go for deferred payment option, which will minimise upfront cash outflow and stretch out payments over a 12-year ...
Moody’s affirms Bharti Airtel’s Baa3 ratingMoody’s noted that Bharti Airtel reported "a 3.7 per cent year-on-year increase in consolidated revenue to Rs 241 billion.
Moody's keeps Bharti Airtel's rating unchangedAt the same time, Bharti's African operations, which accounted for 26 per cent of total revenues, reported a 4.6 per cent annual increase i...
Moody's retains stable outlook for Bharti Airtel on growth in core India, Africa businessesMoody's has retained stable rating outlook for the country's top telecom operator Bharti Airtel as it expects the telco to continue to grow.
Bharti Airtel plans to raise about Rs 3,200 crore by selling bondsIndia’s largest telecom company Bharti Airtel is planning to raise about $500 million, or about Rs 3,200 crore, by selling bonds to global ...
Moody's says Bharti Airtel Q2 numbers credit positiveBharti Airtel's total revenue rose 7.1 per cent to Rs 22,845 crore in Q2, boosted by a consolidated mobile data revenue .