Moody's Ratings has upgraded the issuer rating for Indian telecommunications giant Bharti Airtel Ltd. to Baa2 from Baa3. The outlook for the company was simultaneously changed to stable from positive. The upgrade reflects a significant improvement in Bharti's financial profile and its consistently strengthening market share. The rating agency noted that structural changes within India's rapidly growing mobile sector have benefited the company. Moody's also pointed to a moderating competitive landscape and expectations of a supportive regulatory environment as contributing factors to the rating action. This move indicates Moody's confidence in Bharti Airtel's continued strong performance and financial health. No market analysis on the impact to Moody's Corporation's own stock was available.