Airtel may invest up to $4 billion in 3 yrs on 5G rollout, Jio $13-14 billion

Fitch Rating has affirmed the outlook on Bharti Airtel NSE 0.51 %’s long-term foreign-currency issuer default rating (IDR) and senior unsecured as stable, affirming its rating at ‘BBB-‘.

The Singapore-based ratings agency has also affirmed Bharti Airtel International (Netherlands) B.V’s senior unsecured guaranteed bonds at ‘BBB-‘, and Network i2i Limited, another Airtel subsidiary’s subordinated perpetual bond, at ‘BB’.