The rating upgrade by HSBC hinges on the expectation that Bharti Airtel’s average revenue per user or ARPU will grow significantly due to anticipated industry-wide 10% tariff hikes in fiscal 2027.
Bharti Airtel said on Tuesday that its B2B arm Airtel Business is partnering with automaker Kia India to provide IoT connectivity solutions for its next-gen connected-car platform, Kia Connect 2.0.