Crisil upgrades Airtel, Bharti Telecom ratings on financial profile, market share
New Delhi: Crisil Ratings has upgraded its rating of Bharti Airtel and its holding company, Bharti Telecom, citing improved financial profile and continually increasing revenue market share of India’s second largest telecom operator.
The ratings firm raised its rating on the long-term bank facilities of Bharti Airtel to AAA/Stable from AA+/Positive and reaffirmed the short-term and commercial paper rating at A1+.
