The global ratings agency said Airtel’s core India mobile business has benefited from a combination of reduced competition, steady 4G custo...

It also considered options given to the company to make payment of pending adjusted gross revenue in instalments while revising the outlook.

The 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...

GCX is a wholly owned subsidiary of RCom through an intermediary holding company GCXL.

'Baa3' is the lowest investment-grade bond ratings, and any downgrade would put the rating in speculative grade.

The Bermuda-incorporated GCX is a subsidiary of RCom through an intermediary holding company Global Cloud Xchange.

The rupee fell on Monday to a historic low of Rupee 72.67 per dollar.

The Indian rupee has depreciated 13 per cent so far in 2018 and has touched a historic low of Rs 72.32 to a dollar.

Bharti will take over Tata's mobile operations in 19 circles, including the transfer of all assets (including spectrum) and customers, on a...

Shares of Rcom fell nearly 13% to a record low, amid investor concerns over the Anil Ambani-owned carrier’s to repay debt after the collaps...

The 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 continues to expect intense competition over the next several quarters in the Indian telecoms sector, as operators implement plans ...

Airtel 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.

Moody'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 noted that Bharti Airtel reported "a 3.7 per cent year-on-year increase in consolidated revenue to Rs 241 billion.

At 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...

Bharti Airtel's total revenue rose 7.1 per cent to Rs 22,845 crore in Q2, boosted by a consolidated mobile data revenue .