Airtel’s Africa EBITDA to contract by 20%; overall group earning to slowdown: S&P Global
By
CS Mathew
New Delhi: Bharti Airtel’s Africa EBITDA is expected to be reduced by about 20 per cent in the current fiscal and register slow overall earnings growth, credit rating agency S&P Global said on Monday. The credit rating agency, however, said Bharti Airtel’s overall earnings growth will likely remain on an uptrend, and its average revenue per user will continue to rise gradually in the Indian mobile market.