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.
11 Sep, 2020, 07.36 PM IST
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...
01 Aug, 2019, 10.47 PM IST
Companies with hedges can endure 10% more fall in rupeeThe rupee fell on Monday to a historic low of Rupee 72.67 per dollar.
11 Sep, 2018, 12.40 PM IST
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.
10 Sep, 2018, 11.31 AM IST
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...
16 Oct, 2017, 02.50 PM IST
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...
11 Aug, 2017, 12.26 AM IST
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 ...
23 May, 2017, 06.47 PM IST
Sale of tower assets can help telcos shed debt: FitchFitch said Bharti Airtel’s stake sale in its tower subsidiary and similar moves planned by Idea and Vodafone India will help the telcos red...
31 Mar, 2017, 12.58 AM IST
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...
01 Dec, 2016, 10.34 AM IST
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.
13 Oct, 2016, 08.16 AM IST
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 ...
12 Oct, 2016, 06.12 PM IST
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.
04 Feb, 2016, 05.17 AM IST
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...
03 Feb, 2016, 08.40 PM IST
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.
07 Aug, 2015, 05.02 PM IST
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 ...
03 Jun, 2015, 07.44 PM IST
Spectrum payout to offset Bharti Airtel's African tower sale gains: ReportExcluding the deferred payment liabilities to the government, net debt on the company's book stood at $8.35 billion, as of the December qua...
03 Mar, 2015, 03.55 PM IST
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 .
04 Nov, 2014, 10.04 PM IST