
Fitch Ratings takes Bharti Airtel off 'watch negative'; affirms BBB- rating
Thursday, February 20, 2020, 6:04 PM
Fitch Ratings on February 20 said it has taken Bharti Airtel off 'watch negative' and affirmed the telecom operator's long-term foreign currency issuer default rating at 'BBB' with a stable outlook. The DoT demand relates to a 14-year-old dispute regarding the definition of AGR, which the Supreme Court agreed should include all kinds of income generated by the telcos.
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