S&P upgrades Bharti Airtel credit rating to BBB
pre-market1 source ↓written by the desknot a recommendation
- reflects expectations
- 2-4% subscriber growth
- as customers shift
- 6-8% ARPU growth
S&P Global Ratings upgraded Bharti Airtel's credit rating to BBB from BBB- with a positive outlook, driven by anticipated strong earnings growth over the next 24 months. The upgrade reflects expectations of 2-4% subscriber growth and 6-8% ARPU growth as customers shift to higher-priced plans.
This upgrade may enhance investor sentiment and support Bharti Airtel's long-term financial stability, potentially impacting its market performance.
Not investment advice. For informational purposes only.