Airtel's weak third quarter operating result weigh on Baa3 rating, Moody's says
Chiara said, " We still expect Bharti's cash flow from operations and monetisation opportunities -- including divestments in subsidiaries -- to reduce absolute debt levels permanently to expedite deleveraging towards 3x over next 6 months. Bharti has no headroom for any delay in its deleveraging plans,."
India Infoline stated, Bharti is still best bet to ride out the Jio blitzkrieg, we remain wary of the damage to earnings in the interim. Photo: Reuters