Bharti Airtel rating unaffected by Qualcomm deal

  • Thread starter Bapun
  • Start date
  • Replies: Replies 1
  • Views: Views 1,565

Bapun

Staff member
Community Manager
Joined
3 Nov 2010
Messages
26,826
Solutions
7
Reaction score
36,276
Bharti Airtel today announced a Rs 922 crore (USD 165 million) deal with Qualcomm Asia Pacific, a move which will help the country's largest telecom operator establish a stronghold in fast-growing high speed internet services.

Standard & Poor's Ratings Services said today that its long-term corporate credit rating on Bharti Airtel Ltd. (BB+/Stable/--) is unaffected by the company's US$165mn investment for a 49% stake in Qualcomm India BWA, the India broadband wireless business of Qualcomm Inc.

http://www.telecomnewsindia.com/2012/05/bharti-airtel-rating-unaffected-by.html
 
Back
Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock