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Articles tagged with: Fitch
Fitch Ratings Affirms Etisalat's Debt Outlook as Stable
fitch Ratings has affirmed UAE-based Etisalat's Long-term foreign currency Issuer Default Rating (IDR) at 'AA-'. The Outlook on the IDR is Stable. The rating reflects fitch's assessment of the sovereign's creditworthiness, given Etisalat's strong operational and strategic ties with the UAE government and in the short term this is likely to be the key driver of any potential rating actions. more
Related Tags: fitch-ratings, etisalat, mobily, pctl, 3g--license, United Arab Emirates
Fitch Affirms France Telecom Debt with Stable Outlook
fitch Ratings has today affirmed France Telecom's (FT) Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'A-' respectively. The Outlook is Stable. fitch has simultaneously affirmed FT's hybrid instruments, the Titres a Duree Indeterminee Remboursables en Actions (TDIRA), at 'BBB+'. The agency has downgraded the company's Short-term IDR to 'F2' from 'F1'. more
Related Tags: fitch-ratings, france-telecom, France
ZTE Gets Positive Outlook from Debt Ratings Agency
Debt ratings agency, fitch has assigned a Positive Outlook to ZTE's Long-term foreign and local currency Issuer Default Ratings (IDRs), and affirmed them at 'BB+'. fitch said that the Positive Outlook reflects the company's increased revenue scale driven by strong growth, positive free cash flow generation in 2008 and lower financial leverage. more
Fitch Ratings Affirms OTE at 'BBB'; Outlook Stable
fitch Ratings has today affirmed Greece-based Hellenic Telecommunication Organizations's (OTE) Long-term Issuer Default rating (IDR) at 'BBB' with Stable Outlook. At the same time, the agency has affirmed OTE PLC's senior unsecured rating at 'BBB'. more
Related Tags: ote, deutsche-telekom, fitch-ratings, telekom, presence, Greece
Fitch Changes Megafon's Outlook to Positive
fitch Ratings has changed the Outlooks on Russian mobile network operator, MegaFon's Long-term Issuer Default rating (IDR) and National Long-term rating to Positive from Stable. The change reflects fitch's expectations that Megafon shareholders will ultimately be able to put in place a sustainable dividend policy that will be consistent with the company's creditworthiness. more
Related Tags: megafon, fitch-ratings, Russia
Fitch Downgrades France's SFR Debt ratings; Stable Outlook
fitch Ratings has downgraded France-based Societe Francaise du Radiotelephone's (SFR) Long-term Issuer Default ratings (IDR) and senior unsecured rating to 'BBB+' from 'A-'. The Outlook is Stable. The Short-term IDR is affirmed at 'F2'. more
Related Tags: sfr, fitch-ratings, neuf-cegetel, France
Fitch Comments on Potential Transaction Between Bharti and MTN
fitch Ratings has commented that it will closely monitor developments following the disclosure by India's Bharti Airtel and South Africa's MTN Group that they are engaged in exclusive discussions to potentially acquire stakes in each other, with a view to eventually achieving a full merger. more
Related Tags: mtn, bharti-airtel, singtel, fitch-ratings, debt-ratings, South Africa
Ericsson Reported to have Won $500 Million Indian Contract
Ericsson is reported to have won a US$500 million network contract from India's greenfield operator, Unitech Wireless. The contract will cover the rollout of the network infrastructure in Bihar, Eastern and Western Uttar Pradesh, said a Unitech Wireless executive, who asked not to be named. more
Related Tags: unitech-wireless, ericsson, kerala, debt-ratings, India
Fitch Revises Vodafone's Outlook to Negative
fitch Ratings has changed Vodafone's Issuer Default Ratings outlook to negative, although it affirmed the company's current ratings for long-term Issuer Default (IDR) and senior unsecured ratings at 'A-' (A minus) and Short-term IDR at 'F2'. more
Related Tags: fitch-ratings, vodafone, essar, vodafone-essar
Fitch Affirms Telenor's IDR at 'BBB+'; Negative Outlook
fitch Ratings has today affirmed the Norwegian incumbent telecoms operator Telenor's Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB+' and affirmed the Short-term IDR at 'F2'. The Outlook is Negative. more
Related Tags: fitch-ratings, telenor, alfa-group, unitech-wireless, vimpelcom, kyivstar, partner, Norway