The ratings continue to remain under watch with negative, ICRA said in a statement
According to a CNBC-TV 18 report, the committee of secretaries is mulling setting a minimum price for mobile calls and data.
This is a strategic move by Airtel to tap into the 18-million broadband-connected homes in the country.
In the same quarter, Reliance Jio became the country's largest telecom operator with a subscriber base of 33.13 crore
Investments for Jio complete, Airtel towards lower capex spend, Voda Idea capex slows
The deal was made official in July this year when Bharti Airtel and Bharti Hexacom announced the merger of the consumer mobile businesses of TTSL and TTML with the two Bharti group firms
Bharti Airtel, Idea Cellular and Reliance Communications were trading higher in the range of 1% to 2% on the BSE at 09.36 am.