by Megha Malhotra | Aug 31, 2021 | Asian Dollar Bonds
Indian telecom major Bharti Airtel announced plans to raise up to INR 210bn ($2.86bn) via a rights issue (Term of the day, explained below) in a bid to boost cash reserves to pay statutory dues, expand its network and prepare for the 5G auctions, as per ET. Fitch...
by bondevalue | May 18, 2021 | Asian Dollar Bonds
India’s telecom giant, Bharti Airtel announced its Q4 and year end results on Monday. Revenues for FY2021 came in at ~INR 1tn ($13.75bn), up 18.8% to YoY and consolidated EBITDA was up 32.5% YoY at INR 461.4bn ($6.3bn). However, Bharti ended the financial year...
