S&P upgrades Bharti Airtel’s outlook to stable from negative
India Today
S&P said Bharti Airtel's Indian mobile segment is likely to continue growing at a healthy rate, but there is the absence of across-the-board tariff hikes and is taking place at a slower pace than in fiscal 2021.
International rating agency S&P on Thursday maintained Bharti Airtel's credit rating of "BBB-", and upgraded outlook to stable from negative, indicating the company's improved financial status and ability to pay back debt. S&P said Bharti Airtel's Indian mobile segment is likely to continue growing at a healthy rate, but there is the absence of across-the-board tariff hikes and is taking place at a slower pace than in fiscal 2021.More Related News