Sound fiscal management is the most important component in the viability of any business endeavor, and capital investment decisions will be the foundation stone of this technique. A business can pursue either an outside, inorganic approach which uses borrowed funds to produce acquisitions it expects that will increase its business or an internal, organic method of its financing choices. This is the path taken by Bharti Airtel Limited, the leading telecommunications giant in India.
Starting in 2010, it borrowed heavily on the international marketplace to buy acquisitions of a 3G licence in India, in Zain Africa and in the broadband wireless access branch of Qualcomm Inc. How do the management turn this situation around and regain the business staturein India and worldwide as a leader in the telecommunications market? Writer Sandeep Goel is affiliated with the Management Development Institute.
PUBLICATION DATE: April 11, 2014 PRODUCT #: W14090-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING