Tariff hike not sufficient for Voda Idea, credit positive for Bharti: Nitin Soni, Fitch Ratings
This is a very credit positive move for Bharti because this is the first-ever tariff hike we have seen in the last 15-20 years.
Fitch Ratings’ Nitin Soni on telecom sector in India
We have a rating of BBB minus on Bharti Airtel and yesterday we placed it on rating watc...
By Dec end, Jio may have largest subscriber base topping 375 million: Nitin Soni, Fitch Ratings
Fibre broadband is going to be a significant ...
India unit driving BNY Mellon’s transformation
The company has 15,000 people in India across tech and ops — about a third of total headcount. The transformation seems to be at variance with the trend of slowdown in revenue from the banking and financial services sector for IT services firms.
Religare to sell its stake in NBFC arm to TCG Advisory for Rs 330 crore
The companies signed a share purchase agreement on Tuesday, it said. The parties had signed a binding term sheet on July 10.
Reliance Jio broadband has game changer offerings but not disruptive price-wise: Nitin Soni, Fitch Ratings
"It is good for consumers as they are looking at a wide array of services from Reliance Jio"
It is good to see Jio not going for deep discounts now: Nitin Soni, Fitch Ratings
Jio EBITDA of Rs 4,000 crore plus is way ahead of what Voda-Idea and even Bharti reported last quarter.
Fitch Ratings’ Nitin Soni explains stable outlook on Bharti Airtel
From a credit perspective, it is good to see they have already set up a benchmark there, says Soni
New stress, demand slowdown invoke caution on banks this fiscal
This quarter has been a quarter of caution. Banks like SBI and Axis reported an increase in slippages.
Voda-Idea will need capex of $3-4 bn in next 18 months: Nitin Soni, Fitch Ratings
Jio has a revenue market share very close to Voda-Idea and Bharti at about 32-33%, says Soni.
Given its long-term commitment, Jio feels the need to monetise fibre optic assets: Nitin Soni
Going forward all your data will be transferred to fibre optics, says Soni.
Bharti Airtel’s credit risk is as strong as the Indian sovereign now: Nitin Soni, Fitch Ratings
“We have stable outlook as we believe there is going to be a tariff recovery in 2019.”
The hospitality industry is trying to cash in on this buzz beyond the metros
The push to upgrade national highways has led to a spurt in roadside restaurants catering to city folks.
Bharti will benefit from Jio entry as broadband market expands: Nitin Soni, Fitch
“We would expect Jio GigaFibre to be disruptive in terms of pricing.”
No further disruption on mobile tariffs a good takeaway from Reliance AGM: Nitin Soni, Fitch Ratings
“JioGigaFibre launch will affect Bharti’s revenue and EBITDA in that segment.”
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