Bharti Airtel’s weak operating results for Q3 are credit negative; impacted by Jio’s free services: Moody’s
India's newest mobile operator, Reliance Jio Infocomm continued to drive intense price competition through its promotional all services free of charge, which led to a decline in Bharti Airtel’s third quarter ARPUs across mobile services - voice and data - and as well as a 12.4% drop in data customers sequentially, Annalisa Di Chiara, a Moody's Vice President and Senior Credit Officer said in a note. The slowdown in Bharti's... Read More
