Standard & Poor's upgraded Indian telecom operator Bharti Airtel's credit rating to BBB+, the ratings agency said in a disclosure posted to the exchange on Friday.
The upgrade was first flagged by market monitors tracking S&P rating actions, with the event idea registering at materiality level 0.4 and confidence 0.5.
No further detail was immediately available on the grounds for the upgrade, including any change to the outlook or the prior rating assigned to the issuer.
