Debt Management Practices in Telecom Sector in India – A Study of Select Companies

Mr. S. Narender ., Dr. K. Rajender .


In the recent past, telecommunications has weathered the downturn and subsequent economic uncertainty and volatility relatively well compared to many other sectors.  The financial health of companies is usually an index of the financial soundness of the industry. Therefore, by conducting an industry analysis, owners of the companies can formulate the strategies to help the business growth and development in the future period of time. The Z score model can be used to capture the predictive viability of a firm’s financial condition by using a combination of five financial ratios which ultimately depicts a score. This score can be used as an effective tool to analyze the financial health and credit worthiness of a company. For this regard the study is focuses on telecom sector by selecting both the  public and private sector telecom companies  like BSNL, Bharthi Airtel and R-Com for the period of five years i.e., from 2010-11 to 2014-15.


Financial Ratios, Debt, Financial Health, Viability of a firm’s

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References industry in 2016.

Telecom Regulatory Authority of India

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