IUC phase-out to impact Bharti Airtel's Ebitda: Bank of America Merril Lynch

The Interconnect Usage Charge (IUC) becoming zero by January 1, 2020, will have have an impact on Bharti Airtel's earnings before interest, tax, depreciation and amortization (Ebitda), while the post the company's recent rights offer and the Africa IPO, its balance sheet has strengthened and increased its expected Ebitda for the fiscals 2020-22 by 2-3 per cent, according to Bank of America Merril Lynch (BoAML).

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