Airtel no longer faces uncertainty on continuing as going concern

KOLKATA: Bharti Airtel no longer faces any uncertainty around its ability to continue as a going concern, having raised $3 billion (Rs 21,240 crore) recently, Airtel Africa said Tuesday.

Bharti’s Africa arm said the recent fundraise by the parent company had reduced the level of uncertainty about Airtel’s ability to comply with the Supreme Court’s verdict on adjusted gross revenue (AGR) dues.