Q4 results: Moody’s affirms Baa3 rating for Bharti Airtel and stable outlook
Moody's Investors Service said that it continues to support Bharti Airtel’s Baa3 rating and stable outlook post the telco’s operating performance for the fourth quarter of the financial year ended 31 March 2016. "The strong momentum in Bharti's Indian businesses continues to support its Baa3 ratings. Moreover, as tower asset proceeds -- totaling $1.8 billion received to date - will be used for debt reduction, its credit metrics will remain... Read More
